Jefferies Lifts Price Target on Zumiez (ZUMZ) Post Q4, Keeps Hold Rating
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Price: $18.27 +4.58%
Rating Summary:
6 Buy, 17 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
6 Buy, 17 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Jefferies bumped estimates and its price target on Zumiez, Inc. (NASDAQ: ZUMZ) from $26 to $27 following Q4 results.
The firm comments, "4Q results show that ZUMZ continues to have great market positioning with few competitive threats, strong growth opportunities and a loyal customer base. The outlook ahead remains bright; however, we find it tough to step in here at current levels. As such we reiterate our Hold rating and raise PT to $27."
FY12 EPS goes from $1.40 to $1.43.
For an analyst ratings summary and ratings history on Zumiez, Inc. click here. For more ratings news on Zumiez, Inc. click here.
Shares of Zumiez, Inc. closed at $32.32 yesterday.
The firm comments, "4Q results show that ZUMZ continues to have great market positioning with few competitive threats, strong growth opportunities and a loyal customer base. The outlook ahead remains bright; however, we find it tough to step in here at current levels. As such we reiterate our Hold rating and raise PT to $27."
FY12 EPS goes from $1.40 to $1.43.
For an analyst ratings summary and ratings history on Zumiez, Inc. click here. For more ratings news on Zumiez, Inc. click here.
Shares of Zumiez, Inc. closed at $32.32 yesterday.
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