Vera Bradley (VRA) Tops Q1 EPS by 1c, Revenues Miss; Boosts FY EPS Outlook

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Vera Bradley (VRA) PT Raised to $13 at Cowen Following 1Q

June 7, 2018 9:36 AM EDT

Cowen raised its price target on Vera Bradley (NASDAQ: VRA) to $13.00 (from $10.00) while maintaining a Market Perform rating following the company's 1Q. 1Q EPS beat of ($0.04) vs. Street's ($0.10) was driven by +HSD% increase in full-price selling across full-line stores and e-commerce as well as... More