Goldman Sachs Starts Francesca's Holdings (FRAN) at Neutral

August 31, 2011 7:15 AM EDT
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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
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Goldman Sachs initiates coverage on Francesca's Holdings (NASDAQ: FRAN) with a Neutral rating and 6-month price target of $27.

The firm said Francesca's is one of the strongest unit growth stories in retail, although risk/reward at current levles is balanced.

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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