Piper Jaffray Reiterates Overweight Rating on Vera Bradley

According to Piper Jaffray, Vera Bradley

Overweight rating is reiterated. Piper Jaffray said that no estimate revisions at this point, but it remains confident in management's ability to deliver on their guidance for FQ3 of $0.26 to $0.28 and its estimate of $0.28. “We continue to view Vera Bradley as an early-stage growth brand with ample store growth and productivity expansion opportunities.” Vera Bradley closed yesterday at $38.63.