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Noah Zatzkin rejoined KBCM in 2021, with considerable experience in the consumer retail and e-commerce space, most recently in private equity/restructuring as a Vice President at M3 Partners, LP (consumer softlines focus) and, prior to that, as an Associate Research Analyst at KBCM (specialty retail/consumer softlines and e-commerce). Earlier in his career, he worked as an Associate at BBR Partners LLC, a multifamily office, and as a Consultant at Deloitte.<br>
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Technology Research Analysts - Noah Zatzkin WEBSITE :-https://www.tipranks.com/experts/analysts/noah-zatzkin
Noah ZatzkinGlobal Brands & E-Commerce • Noah Zatzkinis a Vice President and Equity Research Analyst with KeyBanc Capital Markets Inc., covering e-commerce, global brands, and softlines retail. • Noah rejoined KBCM in 2021, with considerable experience in the consumer retail and e-commerce space, most recently in private equity/restructuring as a Vice President at M3 Partners, LP (consumer softlines focus) and, prior to that, as an Associate Research Analyst at KBCM (specialty retail/consumer softlines and e-commerce). Earlier in his career, he worked as an Associate at BBR Partners LLC, a multifamily office, and as a Consultant at Deloitte. • Noah earned a Bachelor of Business Administration degree from the University of Michigan, Ross School of Business. He holds the Series 7, 63, 86, and 87 industry licenses.
It’s another down day for the retail sector, and while plenty of challenges persist, KeyBanc argues investors shouldn’t avoid the industry as a whole. • Analyst Noah Zatzkin writes that he has “a cautious view on the sector amid an inflationary environment and general macro uncertainty,” although there are plenty of ways companies can differentiate themselves for longer-term success. • He sees four key themes dominating the industry: the continuing strength of the middle-and upper-income shopper, the importance of omnichannel capabilities to serve customers both online and in-store, the use of data to drive efficiency, and the increasing importance of sustainability as consumers demand transparency from brands.
Zatzkin highlights Nordstrom(ticker: JWN), Farfetch (FTCH) Revolve Group (RVLV), and Lulu’s Fashion Lounge Holdings (LVLU), all of which he rates at Outperform. • He has a $30 price target on Nordstrom, arguing that the department store—and a “best in class omnichannel retailer”—is benefiting from a return to travel and social occasions while its higher-income consumer should bolster sales growth. The stock is up 3.1% today to $23.80. • For Farfetch, Zatzkin writes that the company has “built a dominant global technology platform for luxury fashion that connects boutiques and brands to the digital consumer,” and should continue to benefit from the most exclusive brands turning increasingly toward e-commerce. He has an $11 target on the shares. The stock is up about 3% to $8.60 in Thursday trading.
Wealthier consumers are likewise part of his bullishness on Revolve, which he thinks should trade to $36. He also likes the company’s “data-driven merchandising and proprietary technology,” that make it especially nimble. Shares are down 2.4% today to $29.53. • Effective use of data, coupled with more event wear, are two drivers for Lulu’s, he writes. He has a $15 target on the stock. Shares are off 5.5% today to $10.52.
REFERENCE LINK :- • https://www.tipranks.com/experts/analysts/noah-zatzkin • https://www.benzinga.com/topic/noah-zatzkin • https://www.tipranks.com/news/article/heres-why-nordstrom-stock-nysejwn-might-be-in-trouble • https://www.wallstreetzen.com/analysts/noah-zatzkin • https://investor.therealreal.com/financial-information/analyst-coverage • https://www.yahoo.com/now/farfetch-likely-see-recovery-upside-192729349.html • https://www.barrons.com/articles/these-4-retail-stocks-are-a-good-bet-for-tougher-times-according-to-one-analyst-51658419146 • https://www.barrons.com/articles/farfetch-stock-earnings-51661525024
