Gordman's Stores (GMAN) Reports In-Line Q4 EPS; Guides for Q1 Loss
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Piper Jaffray Downgrades Gordmans Stores (GMAN) to Neutral
March 21, 2016 6:37 AM EDTPiper Jaffray downgraded Gordmans Stores (NASDAQ: GMAN) from Overweight to Neutral with a price target of $4.00 (from $10.00).
Analyst Neely Tamminga commented, "We are lowering our investment rating on GMAN shares from Overweight to Neutral in the belief that a positive inflection in the company's... More
Gordman's (GMAN) Q1 Off to 'Tough Start'; Stifel Affirms at 'Hold'
March 18, 2016 2:26 PM EDTStifel affirmed Gordman's Stores (Nasdaq: GMAN) at Hold following Q4 results and conference call today.
Analyst Richard Jaffe noted a weak start to Q1, commenting, Managements 1Q guidance is well below our previous estimate and consensus as weak sales (comps are expected to be flat to down 2%) and increased markdowns (necessary to clear... More
