Goldman Sachs Upgrades Chico's (CHS) to Neutral

April 19, 2011 9:29 AM EDT
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Price: $7.59 --0%

Rating Summary:
    7 Buy, 20 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs upgraded Chico's, Inc. (NYSE: CHS) from Sell to Neutral, saying a combination of "less bad" results and "perceived future growth" prevents major downside and creates upside risk.

The firm raised 2011/12/13 EPS estimates to $0.80/$0.89/$0.97 from $0.71/$0.77/$0.83. They raised their price target from $10 to $13.

For more ratings news on Chico's, Inc. click here and for the rating history of Chico's, Inc. click here.

Shares of Chico's, Inc. closed at $14.70 yesterday.


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