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Instinet Downgrades Francesca's Holdings (FRAN) to Neutral

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FBR Capital Downgrades Francesca's Holdings (FRAN) to Underperform

November 15, 2016 6:35 AM EST

FBR Capital downgraded Francesca's Holdings (NASDAQ: FRAN) from Market Perform to Underperform and maintains a price target of $14.00.

Analyst Susan Anderson commented, "We are downgrading FRAN to Underperform from Market Perform as it is now up +79% from its lows and trades at 15.6x FY2 PE (one of the highest in our coverage). We... More