Vera Bradley Names Theresa Palermo EVP, Chief Marketing Officer
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Jefferies Cuts Price Target on Vera Bradley (VRA) as Management Faces Uphill Battle
June 4, 2015 9:11 AM EDTJefferies maintains a Buy rating on Vera Bradley (NASDAQ: VRA), and cuts the price target to $18.00 (from $23.00) as trends remain challenging for VRA. Analyst Randal Konik believes that management is taking the right steps, but is facing an uphill battle.
Konik commented, "Clearly... More
Sterne Agee CRT Cuts Price Target on Vera Bradley (VRA) After Q1 EPS Miss
June 3, 2015 10:56 AM EDTSterne Agee CRT maintains an Underperform rating on Vera Bradley (NASDAQ: VRA), and cuts the price target to $10.00 (from $12.00), following Q1.VRA reported break even EPS in Q1 (below $0.03 estimates). Retail comps were reported at -16.9% (below estimates of -12.4%).
Analyst Ike Boruchow commented, "The turnaround efforts at VRA are struggling to gain traction, as the... More
Vera Bradley (VRA) Taps Fossil's (FOSL) Palermo as Marketing Chief
June 2, 2015 4:01 PM EDTVera Bradley (NASDAQ: VRA) announced that Theresa Palermo has been named Executive Vice President, Chief Marketing Officer. She will join the Company on June 22, 2015.
Since 2013 Palermo has served as Vice President, Global Marketing and Public Relations for Fossil Group (Nasdaq: FOSL), where she successfully created and executed... More
