Jefferies Reiterates a 'Buy' on Francesca's Holdings (FRAN); Ready For Another Fashionably Good Quarter
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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
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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Jefferies reiterates a 'Buy' on Francesca's Holdings (NASDAQ: FRAN) price target raised from $25 to $31.
Analyst, Randal J. Konik, said, "FRAN continues along a steady growth track, as witnessed by their 4Q preannouncement in January of better than expected sales and earnings. We think this fast-fashion retailer is well positioned in the current environment and expect it to continue gaining market share while expanding its footprint and investing in improved technology. Risk/reward is favorable at these levels."
(Sees Q4 EPS of $0.17 and same-store sales up 11%. Jefferies also raises FY12 EPS estimate from $0.54 to $0.56 and FY13 from $0.73 to $0.76)
For an analyst ratings summary and ratings history on Francesca's Holdings click here. For more ratings news on Francesca's Holdings click here.
Shares of Francesca's Holdings closed at $25.50 yesterday.
Analyst, Randal J. Konik, said, "FRAN continues along a steady growth track, as witnessed by their 4Q preannouncement in January of better than expected sales and earnings. We think this fast-fashion retailer is well positioned in the current environment and expect it to continue gaining market share while expanding its footprint and investing in improved technology. Risk/reward is favorable at these levels."
(Sees Q4 EPS of $0.17 and same-store sales up 11%. Jefferies also raises FY12 EPS estimate from $0.54 to $0.56 and FY13 from $0.73 to $0.76)
For an analyst ratings summary and ratings history on Francesca's Holdings click here. For more ratings news on Francesca's Holdings click here.
Shares of Francesca's Holdings closed at $25.50 yesterday.
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