Jefferies Starts Vera Bradley (VRA) at Buy
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Price: $3.27 -1.8%
Rating Summary:
5 Buy, 10 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
5 Buy, 10 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Jefferies initiates coverage on Vera Bradley (NASDAQ: VRA) with a Buy rating and $50 price target.
The firm comments, "We like Vera Bradley's unique lifestyle brand positioning, early stage growth profile and opportunity to expand into new categories. We view the current risk/reward as favorable and are initiating coverage with a Buy rating and 12-month price target of $50."
For more ratings news on Vera Bradley click here and for the rating history of Vera Bradley click here.
Shares of Vera Bradley closed at $39.44 yesterday.
The firm comments, "We like Vera Bradley's unique lifestyle brand positioning, early stage growth profile and opportunity to expand into new categories. We view the current risk/reward as favorable and are initiating coverage with a Buy rating and 12-month price target of $50."
For more ratings news on Vera Bradley click here and for the rating history of Vera Bradley click here.
Shares of Vera Bradley closed at $39.44 yesterday.
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