Destination Maternity (DEST) Misses Q1 EPS by 1c; Comps Up 1.9%; Guides FY13

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Needham & Co. Raises Price Target on Destination Maternity (DEST)

February 4, 2013 3:52 PM EST

Needham & Company today reiterated a Buy rating on Destination Maternity (NASDAQ: DEST) and raised their price target to $26.00 (from $24.00).

Analyst Sean McGowan said, "We have made no changes to our estimates other than those resulting from the slight variance in 1Q results. Our full year... More