Citi Upgrades Chico's, Inc. (CHS) to Buy

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Instinet Downgrades Chico's, Inc. (CHS) to Neutral

November 16, 2016 8:29 AM EST

Instinet (Nomura) downgraded Chico's, Inc. (NYSE: CHS) from Buy to Neutral and maintained a price target of $13, citing valuation.

Analyst Simeon Siegel commented, "Recognizing the myriad macro and headline factors at play, we downgrade shares of CHS and FRAN given valuation.... More

Wolfe Research Upgrades Chico's, Inc. (CHS) to Outperform (Earlier)

November 14, 2016 2:19 PM EST

Wolfe Research upgraded Chico's, Inc. (NYSE: CHS) from Peerperform to Outperform with a price target of $16.00, saying promos suggest merchandise margin upside.

Analyst Adrienne Yih commented, "We are upgrading to Outperform from Peer Perform based on 1) expectation for positive inventory and GMROI... More