Jefferies Reiterates a 'Buy' on Francesca's Holdings (FRAN); Raising Numbers on Attractive Valuation
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Price: $2.22 --0%
Rating Summary:
9 Buy, 13 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
Rating Summary:
9 Buy, 13 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
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Jefferies reiterates a 'Buy' on Francesca's Holdings (NASDAQ: FRAN) price target of $35.00.
Analyst, Randal J. Konik, said, "FRAN continues along its steady growth track, as witnessed by the strong 4Q results which reflect better than expected sales and margins. 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."
Jefferies raises FY12 EPS estimate from $0.56 to $0.59 and FY13 from $0.76 to $0.81.
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 $26.78 yesterday.
Analyst, Randal J. Konik, said, "FRAN continues along its steady growth track, as witnessed by the strong 4Q results which reflect better than expected sales and margins. 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."
Jefferies raises FY12 EPS estimate from $0.56 to $0.59 and FY13 from $0.76 to $0.81.
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 $26.78 yesterday.
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