KeyBanc Downgrades Chico's, Inc. (CHS) to Hold
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Price: $7.59 --0%
Rating Summary:
7 Buy, 20 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 19 | New: 5
Rating Summary:
7 Buy, 20 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 9 | Down: 19 | New: 5
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KeyBanc downgraded Chico's, Inc. (NYSE: CHS) from Buy to Hold.
The firm cut 2011 EPS estimate to $0.88 (from $0.97) and 2012 EPS estimate to $1.17 (from $1.20).
While the stock has accommodating valuations, given a more cautious consumer backdrop margin risk remains reasonably high.
For more ratings news on Chico's, Inc. click here and for the rating history of Chic's, Inc. click here.
Shares of Chico's, Inc. closed at $11.43 yesterday.
The firm cut 2011 EPS estimate to $0.88 (from $0.97) and 2012 EPS estimate to $1.17 (from $1.20).
While the stock has accommodating valuations, given a more cautious consumer backdrop margin risk remains reasonably high.
For more ratings news on Chico's, Inc. click here and for the rating history of Chic's, Inc. click here.
Shares of Chico's, Inc. closed at $11.43 yesterday.
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