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Michael Exstein, who captured second place last year, drops back to the No. 3 spot he held from 2007 through 2010. The Credit Suisse researcher is telling clients to pay attention to FAB — that is, to retailers that offer access to branded products in the areas of footwear, accessories and beauty. One example: Macy’s. Exstein upgraded the Cincinnati-based department store chain from neutral to outperform in January 2011, at $22.71, and by the end of August 2012, the stock had run up 77.5 percent, to $40.31, and trumped the sector by 50.3 percentage points — pretty fab, indeed. The analyst’s reports provide “provocative strategic perspectives,” asserts one buy-side ally. RUNNER(S)-UP Matthew Boss J.P. Morgan Robert Drbul Barclays Adrianne Shapira Goldman, Sachs & Co. |