Jefferies Suggests Buying Guess (GES) Shares; Sees Pop After Greek Elections Complete

Jefferies maintains a 'Conviction Buy' on Guess (NYSE: GES) price target of $50.00.

Analyst, Randal J. Konik, said, "With Greek elections coming this weekend we think the market may rally after getting the event out of the way. In that vein, we think GES is well positioned as investors begin taking a look at beaten up names with Europe exposure. Importantly at GES northern Europe is growing nicely with Germany and Russia up DD% while Italy is stabilizing. We still think this stock can double and would be buying aggressively ahead of the weekend."

For an analyst ratings summary and ratings history on Guess click here. For more ratings news on Guess click here.

Shares of Guess closed at $27.72 yesterday.

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