Jefferies Trims Numbers on Vera Bradley (VRA) Post Q1 & CEO News; 'Buy on Weakness'

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Go back to Jefferies Trims Numbers on Vera Bradley (VRA) Post Q1 & CEO News; 'Buy on Weakness'

Wells Fargo Downgrades Vera Bradley (VRA) to Market Perform

June 6, 2013 8:02 AM EDT

Wells Fargo downgraded Vera Bradley (NASDAQ: VRA) from Outperform to Market Perform with a price target of $23-$25 (from $29-$32). Analyst Evren Kopelman noted increased uncertainty due, in part, to management changes.

"In the near term, VRA's growth rate will likely be... More

Baird Downgrades Vera Bradley (VRA) to Neutral

June 6, 2013 7:44 AM EDT

Baird downgraded Vera Bradley (NASDAQ: VRA) from Outperform to Neutral.

For an analyst ratings summary and ratings history on Vera Bradley click here. For more ratings news on Vera Bradley click here.

Shares of Vera Bradley closed at $22.46 yesterday, with a 52 week range of $19.23-$31.00.... More

Piper Jaffray Downgrades Vera Bradley (VRA) to Neutral

June 6, 2013 7:24 AM EDT

Piper Jaffray downgraded Vera Bradley (NASDAQ: VRA) from Overweight to Neutral with a price target of $24.00 (from $32.00).

For an analyst ratings summary and ratings history on Vera Bradley click here. For... More

Vera Bradley, Inc. (VRA) Tops Q1 EPS by 2c; CEO Ray to Retire; Cuts FY14 Outlook

June 5, 2013 4:05 PM EDT

(Updated - June 5, 2013 4:08 PM EDT)

Vera Bradley, Inc. (NASDAQ: VRA) reported Q1 EPS of $0.23, $0.02 better than the analyst estimate of $0.21. Revenue for the quarter came in at $123 million versus the consensus estimate of $121.01 million.

Comparable store sales increased 0.9 percent.

Direct sales revs improved 24 percent to $73.7... More