Perry Ellis International Reports Second Quarter Fiscal 2017 Results
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Brean Capital Cuts Price Target on Perry Ellis Int'l (PERY) to $25 Following 2Q EPS Beat
August 19, 2016 11:29 AM EDTBrean Capital maintained a Buy rating on Perry Ellis Int'l (NASDAQ: PERY), and cut the price target to $25.00 (from $26.00), following the company's 2Q earnings report. PERY reported EPS of $0.15, well above the consensus expectations of $0.01. Mgmt maintained EPS guidance at $1.95-$2.00, but lowered rev guide for FY17 to $885M-$890M (vs. prior $910M-$915M).... More
