Chicos FAS (CHS) Misses Q3 EPS by 3c, Comps Decline 6.8%

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RBC Capital Downgrades Chico's, Inc. (CHS) to Sector Perform

November 28, 2018 5:57 PM EST

RBC Capital analyst Brian Tunick downgraded Chico's, Inc. (NYSE: CHS) from Outperform to Sector Perform with a price target of $4.50 (from $10.00).

Tunick cited the 3Q miss, 4Q guide-down, and lack of visibility into 2019.

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