Janney Capital Boosts Numbers on Chico's (CHS) Following Solid Channel Checks

Janney Capital analysts raised estimates for earning per share and fair value on woman's fashion company, Chico's (NYSE: CHS) to $18 while reiterating a Buy rating. They sited a number of improving metrics such as inventory levels, which appear to be in line with sales growth. The analysts took note of robust promotional activities and growing market share – an impressive accomplishment given the challenging macro environment.

For an analyst ratings summary and ratings history on Chico's, Inc. click here. For more ratings news on Chico's, Inc. click here.

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