Sponsors
Billabong - 0 | PPR - 0 | American Apparel ▲ +0.028 | The Buckle ▼ -1.08 | Columbia ▼ -0.33 | Deckers Outdoor ▼ -3.05 | Dicks ▼ -0.34 | Foot Locker ▲ +0.07 | Genesco ▼ -1.60 | Iconix Brand Group ▲ +0.04 | Jarden Corp ▼ -1.37 | Nordstrom ▼ -0.99 | Luxottica ▲ +0.58 | Nike ▼ -0.63 | Pacific Sunwear ▼ -0.17 | Skullcandy ▼ -0.28 | Sport Chalet - 0 | Urban Outfitters ▼ -0.28 | VF Corp ▼ -0.65 | Quiksilver ▼ -0.07 | Zumiez ▼ -0.43 | Macys ▼ -1.09 | Tillys ▼ -0.14 |
Ticker Sponsor
Readers Say
Always a good daily read
Always a good daily read

Shop-Eat-Surf creates a good source of timely information about the industry. The site makes all types and size companies feel part of a community where everyone is stoked to hear about other companies successes and ideas. It is always a good daily read.

- By Ted Li, VP of North America, Oakley
Keeps me in the loop
Keeps me in the loop

Being an Executive Edition member allows me to not miss a beat when it comes to the Industry business news. Definitely keeps me in the loop plus goes great with my morning joe.

- By Tony Perez, Surfer and Surfing magazines
Industry Insight

SIMA: Sponsorship opportunities now available for Waterman's Weekend, Aug. 14-15.
ROTH CAPITAL PARTNERS: CEO Byron Roth, athletes including Amy Purdy to be honored by Challenged Athletes Foundation.

Details on Industry Insight.


Tiffany Montgomery
Print This Article

Quiksilver outlook raised by Wall Street Firm

By Tiffany Montgomery
June 08, 2009 10:07 AM

A Wall Street firmed doubled its share price target for Quiksilver this morning, to $6 from $3. Lazard's improved outlook for Quiksilver sent the company's shares up 6 percent to $3.71 in early morning trading. 

The firm believes more cost cuts could lead to raised earnings estimates for Quiksilver. Also, Quiksilver may not have to sell any assets if it was able to refinance its debt, Lazard believes.

Bob McKnight addressed a new round of cost cuts in his speech at UCI that was covered by Shop-eat-surf in our Executive Edition. 

Here is a story from Reuters about Lazard's improved outlook for Quiksilver. 

 


Articles You Might Have Missed