Vera Bradley Partners With DISNEY Theme Park Merchandise™ to Create a Custom Limited-Edition Pattern

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Vera Bradley (VRA) PT Raised to $18 at Cowen

September 6, 2018 8:24 AM EDT

Cowen analyst Oliver Chen raised the price target on Vera Bradley (NASDAQ: VRA) to $18.00 (from $13.00) while maintaining a Market Perform rating following results.

Chen said they were encouraged by +30% increase in full-price selling, gross margin expansion of ~160bps, inventory decline of -17%... More