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Ralph Lauren's Fifth Avenue Polo store in New York City. Spencer Platt/Getty Images Ralph Lauren is rising early Friday after an upgrade from RBC Capital Markets, which argues that the preppy fashion brand is “poised for outperformance into 2021.” Analyst Kate Fitzsimons raised her rating on Ralph Lauren (RL) to the equivalent of Buy from the equivalent of Hold, and her target price to $138 from $77. She wrote that the move stems from her belief that Wall Street’s profit estimates will move higher, as leaner inventories, better expense management, and a pivot to dire...

Oil pump jacks operate at dusk. Apu Gomes/AFP via Getty Images Energy stocks used to make up more than 10% of the S&P 500. But last year they fell below 3%. Some fund managers abandoned the sector altogether, given that it has underperformed the broader market consistently over the past decade. Why put 2% of your portfolio in energy, when you can just add another 2% of That underweighting in energy, however, may suddenly shift in 2021, some analysts are predicting. Oil suddenly looks like a decent bet, given that Saudi Arabia has signaled that it will backstop the price by curbin...

Anthem could benefit as the labor market recovers, says Jefferies. Dreamstime Managed care stocks that focus on the government-funded insurance market have jumped in the week since Democrats secure control of the Senate, as investors have begun to anticipate an expansion of Obamacare, and even a public option. Shares of Centene Corporation (CNC) are up 6.5% since the market closed on January 5, while shares of Molina Healthcare (MOH) are up 3.6%. The S&P 500, which is up 1.8% over the same period. But in a note out Friday morning, Jefferies analyst David Windley a...

The stock is up almost 400% from its low in March 2020, and Yeti easily notched a triple-digit gain for the year as a whole—a major rally that one analyst believes has left the shares fully valued.

Order Reprints Text size With comfort and athleisure dominating fashion, Foot Locker performed fairly well during the pandemic. B. Riley argues that the sneaker seller can deliver another strong year in 2021. Analyst Susan Anderson boosted her rating on Foot Locker (ticker: FL) to Buy from Neutral, and raised her price target to $58 from $39. She’s optimistic that consumers will spend their stimulus at the store and admires its tight inventory control and its stake in sneaker resale site GOAT. She argues that consensus estimates for the stock are too low. While many co...