Tailored Brands (TLRD) Tops Q2 EPS by 6c

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Go back to Tailored Brands (TLRD) Tops Q2 EPS by 6c

Stifel Boosts PT on Tailored Brands (TLRD) to $18 Following Q2 Report; Maintains at 'Hold'

September 8, 2016 3:03 PM EDT

Stifel boosts its price target on Hold-rated Tailored Brands (NYSE: TLRD) from $14 to $18 following Q2 results reported Wednesday night.

Analyst Richard Jaffe noted the following:

2Q was well managed despite a difficult environment for retail as the company continues to tightly control expenses while investing in its strategic initiatives. Management indicated that sales trends softened following Fathers Day on June 19. However, the MW division posted a... More