Checking Back on Oakley

In a post back in July - Looking at Oakley - I noted that analysts were "no where to be found" as the stock gapped higher on earnings. Today I saw that the shares of Oakley (OO) were upgraded to Market Perform from Underperform. Technically speaking, the stock is at an interesting juncture as it tries to bounce off former resistance near 16.50. A check of the sentiment profile shows the stock is in the "underloved" category. Earnings should be out in the middle of next month so perhaps the Street is looking to be positioned for an upside surprise?

• Percent of analysts tracked by Zacks who rate the stock with a "buy": 29%
• Number of analysts tracked by Zacks: 7
• Short interest as a percent of float: 12.1%
• Short interest ratio: 5.61
• Put/call ratio percent rank: 73.0%