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Iconix Brand Group, Inc. (ICON) [hlAlert]

Rating:
Buy ICON
down 62.38 %

Iconix Brand Group, Inc. (ICON) rated Buy with price target $42 by Brean Capital

Posted on: Wednesday,  Feb 4, 2015  8:25 AM ET by Brean Capital

Brean Capital rated Buy Iconix Brand Group, Inc. (NASDAQ: ICON) on 02/04/2015, when the stock price was $35.46.
Since then, Iconix Brand Group, Inc. has lost 62.38% as of 01/26/2016's recent price of $13.34.
If you would have followed this Brean Capital's recommendation on ICON, you would have lost 62.38% of your investment in 356 days.

Iconix Brand Group, Inc. (Iconix) is a brand management company engaged in licensing, marketing and providing trend direction for a portfolio of owned consumer brands. The Company owns 17 brands, Candie's, Bongo, Badgley Mischka, Joe Boxer, Rampage, Mudd, London Fog, Mossimo, Ocean Pacific/OP, Danskin, Rocawear, Cannon, Royal Velvet, Fieldcrest, Charisma, Starter and Waverly, which it licenses directly to retailers, herein referred to as direct-to-retail, wholesalers and suppliers for use across a wide range of product categories, including apparel, footwear, sportswear, fashion accessories, home products and decor, and beauty and fragrance. In addition, Scion LLC, a joint venture, in which the Company has a 50% investment, owns the Artful Dodger brand. The Company?s brands are sold across a range of distribution channels, from the mass tier to the luxury market. In October 2008, it acquired Waverly brand.

Brean Capital
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/4/2015 8:25 AM Buy
None
35.46 42.00
as of 8/27/2015
1 Week down  -10.58 %
1 Month down  -50.82 %
3 Months down  -50.77 %
1 YTD down  -62.38 %

(*) Stock Price at the time of the recommendation.
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