Shoe Carnival (SCVL) Misses Q2 EPS by 5c

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Jefferies Raises Price Target on Shoe Carnival (SCVL) to $29 Following Solid 2Q

September 1, 2016 8:53 AM EDT

Jefferies reiterated a Hold rating on Shoe Carnival (NASDAQ: SCVL), and raised the price target to $29.00 (from $24.00), following the company's 2Q earnings report. SCVL reported EPS of $0.22, below the Street of $0.27, driven by a lighter comp of 0.5% vs. the Street 1.8%.

Analyst Randal Konik... More