Men's Wearhouse (MW) Tops Q2 EPS by 2c, Revenue Light, Maintains Guidance
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Cowen Cuts Price Target on Men's Wearhouse (MW) Following 2c EPS Beat
September 9, 2015 1:08 PM EDTCowen maintained a Market Perform rating on The Men's Wearhouse, Inc. (NYSE: MW), and cut the price target to $53.00 (from $57.00), following the company's 2Q15 earnings results. MW is accelerating strategy implementation for JOSB, including a reduction in promotion, aiding gross margin recovery but potentially creating a volatile top-line picture. MW reported adjusted Q2 EPS of $1.07, above consensus of $1.05. MW... More
Stifel Maintains 'Buy' Rating on Men's Wearhouse (MW); Legacy Performing Well, JAB Still Work in Progress
September 9, 2015 9:01 AM EDTStifel affirms its Buy rating and $70 price target on Men's Wearhouse (NYSE: MW) following Q2 results issued Tuesday night.
Analyst Richard Jaffe noted strong comps from the company's legacy business, while JAB is still a work in progress. The analyst said, MW was... More
