Auriga Initiates Coverage on Chico's FAS (CHS) with a Hold; Limited Upside Opportunity
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Auriga initiates coverage on Chico's FAS (NYSE: CHS) with a Hold. Price target $13.
Auriga analyst says, "Chico's core baby-boomer customer has been among the hardest hit by the economic slowdown...Our FY2009-10 EPS estimates are in-line with consensus, however, we see limited upside opportunity."
To see more analyst ratings on CHS Click Here.
Chico's FAS, Inc., together with its subsidiaries, operates as a specialty retailer of casual-to-dressy clothing, intimates, complementary accessories, and other non-clothing gift items.
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