hhgregg, Inc. (HGG) Tops Q4 EPS by 1c; Guides FY14 EPS

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Jefferies Raises Numbers on hhgregg (HGG), But Remains on Sidelines

May 21, 2013 8:46 AM EDT

Jefferies raised estimates and its price target on hhgregg (NYSE: HGG) from $8 to $14 but maintained a Hold rating on the stock following Q4 results.

Analyst Daniel Binder comments, "Potential upside in credit, gaming (limited participation likely), furniture and strong trends in appliances give... More