Guess?, Inc. Announces Participation At The 9th Annual Telsey Advisory Group Consumer Conference

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Guess (GES) PT Lowered to $12 at Jefferies Following 4Q Miss

March 16, 2017 7:44 AM EDT

Jefferies lowered its price target on Guess (NYSE: GES) to $12.00 (from $15.00) while maintaining a Hold rating. GES reported 4Q revenue of $679.3M vs cons. of $688.9M, and EPS of $0.41 vs. cons. of $0.44, both below expectations.

Analyst Randal Konik commented, "GES... More