Wedbush Raises Price Target on Francesca's (FRAN) Following 3Q Report
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Mizuho Securities Raises Price Target on Francesca's (FRAN) Following 3Q Beat
December 6, 2016 2:53 PM ESTMizuho Securities reiterated a Neutral rating on Francesca's Holdings (NASDAQ: FRAN), and raised the price target to $18.00 (from $15.00), following the company's 3Q earnings report and guidance. EPS of $0.26 was above the Streets $0.18 estimate. Comps of +7% compare to +4% LY. In 3Q, benefiting from... More
Stifel Boosts PT on Francesca's (FRAN) to $21; Notes Solid Start to Q4, Confident CEO Strategy
December 6, 2016 1:09 PM ESTStifel boosts its price target on Buy-rated Francesca's Holdings (Nasdaq: FRAN) from $18 to $21 following Q3 results and outlook issued earlier Tuesday.
Analyst Richard Jaffe noted the following key takeaways:
Solid Start to 4Q - 4Q is off to a good start due to an appealing product assortment, more effective marketing and increased penetration from the e-commerce channel.... MoreFrancesca's (FRAN) Tops Q3 EPS by 8c; Boosts Fy16 Outlook
December 6, 2016 7:35 AM ESTFrancesca's (NASDAQ: FRAN) reported Q3 EPS of $0.26, $0.08 better than the analyst estimate of $0.18. Revenue for the quarter came in at $119.5 million versus the consensus estimate of $116.5 million.
Comps rose 7 percent.
GUIDANCE:
Francesca's sees Q4 2016 EPS of $0.33-$0.37, versus the... More
Trading Radar for 12/6: AutoZone (AZO), Francesca's (FRAN), Toll Bros (TOL), Michaels Cos. (MIK) Report
December 5, 2016 2:16 PM ESTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EST
