The Michaels Companies (MIK) Tops Q2 EPS by 7c, Sales Beat

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Go back to The Michaels Companies (MIK) Tops Q2 EPS by 7c, Sales Beat

The Michaels Companies (MIK) Lifted to $24 at BofA/Merrill Lynch on Solid Q2 Results

August 28, 2014 7:02 AM EDT

BofA/Merrill Lynch analyst Denise Chai reiterated a Buy rating and raised her price target on The Michaels Companies (NASDAQ: MIK) to $24.00 (from $20.00) following a 'clean beat' in its first quarter back as a public company.

Chai remains bullish as they believe store refreshes and... More