Ascena Retail Group (ASNA) Tops Q1 EPS by 7c, Maintains FY16 EPS Guidance
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December 2, 2015 7:28 AM EST
Piper Jaffray reiterated an Overweight rating on Ascena Retail Group (NASDAQ: ASNA), and raised the price target to $18.00 (from $17.00), following the company's 1Q earnings report. EPS of $0.36 solidly bested expectations of $0.28 and management reiterated their guidance for the full year calling for EPS in the range of $0.75-$0.80. Management indicated on the conference... More
December 2, 2015 6:48 AM EST
Cowen reiterated a Market Perform rating and $14.00 price target on Ascena Retail Group (NASDAQ: ASNA) following the company's 1Q earnings report. Management was most pleased with Justice during the period as comps grew +20% y/y despite reduced promotional activity y/y, while ANN... More
