Janney Montgomery Scott Reiterates a 'Buy' on Chico's (CHS); Raising Numbers on Strong Q4 Beat
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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
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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Janney Montgomery Scott reiterates a 'Buy' on Chico's, Inc. (NYSE: CHS) price target raised from $14 to $17.
JMS analyst says, "Raising estimates and fair value based on clean inventory levels and strong momentum continuing into the spring season: We are raising FY12 EPS estimate to $0.98 from $0.90 (versus the consensus of $0.97) and FY13 goes to $1.10 from $1.05 (versus consensus at $1.08). Our FY12 EPS estimate includes approximately $0.09 (we were previously at $0.07) of earnings from Boston Proper with net sales of $140-$145 million."
For an analyst ratings summary and ratings history on Chico's, Inc. click here. For more ratings news on Chico's, Inc. click here.
Shares of Chico's, Inc. closed at $12.81 yesterday.
JMS analyst says, "Raising estimates and fair value based on clean inventory levels and strong momentum continuing into the spring season: We are raising FY12 EPS estimate to $0.98 from $0.90 (versus the consensus of $0.97) and FY13 goes to $1.10 from $1.05 (versus consensus at $1.08). Our FY12 EPS estimate includes approximately $0.09 (we were previously at $0.07) of earnings from Boston Proper with net sales of $140-$145 million."
For an analyst ratings summary and ratings history on Chico's, Inc. click here. For more ratings news on Chico's, Inc. click here.
Shares of Chico's, Inc. closed at $12.81 yesterday.
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