Brean Murray Carret & Co. Reiterates a 'Buy' on Express Inc. (EXPR); Positive After Analyst Event
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Price: $0.83 --0%
Rating Summary:
7 Buy, 9 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
7 Buy, 9 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Brean Murray Carret & Co. reiterates a 'Buy' on Express Inc. (NYSE: EXPR) price target of $30.00.
Brean analyst said, "We are reiterating our rating and target price, and maintaining our FY13 and FY14 EPS projections after Express hosted an Analyst event in NYC last week. Express’ CEO, Michael Weiss, stated, “Fashion changes, but the spirit of the brand doesn’t” and in order to succeed in this business, “You must build a brand with an eye looking into the future.” These guidelines are the foundation of Express’ business model and its strength is demonstrated through the company’s ability to outperform even during this rough (and uncertain) retail environment. Along with honing in on key operational strategies, management elaborated on the planned execution of several key growth opportunities that are intended to drive future profitability and sustainability."
For an analyst ratings summary and ratings history on Express Inc. click here. For more ratings news on Express Inc. click here.
Shares of Express Inc. closed at $25.56 yesterday.
Brean analyst said, "We are reiterating our rating and target price, and maintaining our FY13 and FY14 EPS projections after Express hosted an Analyst event in NYC last week. Express’ CEO, Michael Weiss, stated, “Fashion changes, but the spirit of the brand doesn’t” and in order to succeed in this business, “You must build a brand with an eye looking into the future.” These guidelines are the foundation of Express’ business model and its strength is demonstrated through the company’s ability to outperform even during this rough (and uncertain) retail environment. Along with honing in on key operational strategies, management elaborated on the planned execution of several key growth opportunities that are intended to drive future profitability and sustainability."
For an analyst ratings summary and ratings history on Express Inc. click here. For more ratings news on Express Inc. click here.
Shares of Express Inc. closed at $25.56 yesterday.
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