Perry Ellis International, Inc. (PERY) Tops Q2 EPS by 4c; Bumps Low-End of FY15 EPS Outlook

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KeyBanc Downgrades Perry Ellis (PERY) to Hold

August 22, 2014 6:42 AM EDT

KeyBanc downgraded Perry Ellis (NASDAQ: PERY) from Buy to Hold and removed its price target (prior $20.00). After achieving his price target, analyst Edward Yruma thinks valuation looks fair.

"The 2Q marks the second quarter of better-than-expected earnings, due in large part to... More