Jefferies Starts Francesca's Holdings (FRAN) at Buy
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Price: $2.22 --0%
Rating Summary:
9 Buy, 13 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
9 Buy, 13 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Jefferies initiates coverage on Francesca's Holdings (NASDAQ: FRAN) with a Buy. PT $32.00.
The firm states, "FRAN is a fast fashion women's retailer positioned to capitalize on today's value conscious consumer. We like its relevant business model, visible growth strategy, and industry leading metrics. Recommend Buy with a $32 price target."
NOTE: Jefferies acted as Joint Bookrunner in the company's July 2011 IPO.
For more ratings news on Francesca's Holdings click here and for the rating history of Francesca's Holdings click here.
Shares of Francesca's Holdings closed at $25.38 yesterday.
The firm states, "FRAN is a fast fashion women's retailer positioned to capitalize on today's value conscious consumer. We like its relevant business model, visible growth strategy, and industry leading metrics. Recommend Buy with a $32 price target."
NOTE: Jefferies acted as Joint Bookrunner in the company's July 2011 IPO.
For more ratings news on Francesca's Holdings click here and for the rating history of Francesca's Holdings click here.
Shares of Francesca's Holdings closed at $25.38 yesterday.
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