Express (EXPR) Boosts Q4 Outlook Ahead of ICR Xchange Conf. Presentation

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Value-Priced, on-Trend Merchandise Produces Solid Holiday Sales for Express (EXPR) - Stifel

January 12, 2016 7:56 AM EST

Stifel reaffirms its Buy rating and $24 price target on Express (NYSE: EXPR) after the company boosted its Q4 outlook earlier Tuesday.

Analyst Richard Jaffee noted, Over Thanksgiving week, management reduced its promotional cadence in response to strong results. We believe this promotion reduction... More