Jefferies Reiterates a 'Hold' on rue21, inc. (RUE); Q4 Review: Beat, Good Guidance, But Still Sidelined

March 15, 2012 7:38 AM EDT
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Price: $41.99 --0%

Rating Summary:
    1 Buy, 8 Hold, 0 Sell

Rating Trend: = Flat

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    Up: 1 | Down: 2 | New: 3
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Jefferies reiterates a 'Hold' on rue21, inc. (NASDAQ: RUE) price target of $27.00.

Analyst, Randal J. Konik, said, "RUE posted a 4Q beat as better margins more than offset a slightly weaker comp. The company also initiated a full year outlook roughly in line with the Street. Looking towards the longer term we like RUE’s overall market positioning, growth story and relevant business model. However, we see risk/reward balanced at current levels."

For an analyst ratings summary and ratings history on rue21, inc. click here. For more ratings news on rue21, inc. click here.

Shares of rue21, inc. closed at $28.74 yesterday.

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