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FBR Capital Cuts Price Target on Express (EXPR) Following 2Q EPS Miss

August 25, 2016 7:00 AM EDT

FBR Capital reiterated a Market Perform rating on Express Inc. (NYSE: EXPR), and cut the price target to $13.00 (from $18.00), following the company's 2Q earnings report. EXPR reported an EPS miss of $0.13, versus the consensus of $0.17.

Analyst Susan Anderson commented, "EXPR reported a 2Q16 EPS... More