UPDATE: Jefferies Raises PT on Specialty Retail Stocks

According to a research report published earlier today, Jefferies has increased PT for several specialty retail stocks. Jefferies explained in the report, “We have been positive on the specialty retailers since Fall '11. While the stocks are up big and have outperformed the broader market since then, we remain super bullish and still see significant upside ahead.” Jefferies maintains the following: Abercrombie & Fitch

, Buy, PT increase from $70 to $75, closed Friday at $51.23. American Eagle Outfitters

, Buy, PT increase from $21 to $23, closed Friday at $17.13. Ann Inc.

, Buy, PT increase from $31 to $33, closed Friday at $28.58. Body Central

Buy, PT increase from $35 to $36, closed Friday at $26.83. Coach

Buy, PT increase from $90 to $92, closed Friday at $77.09. Francesca's Holdings

, Buy, PT increase from $35 to $38, closed Friday at $32.47. Limited Brands

Hold, PT increase from $42 to $45, closed Friday at $48.55. Ross Stores

Hold, PT increase from $60 to $62, closed Friday at $57.11. Rue21

Hold, PT increase from $27 to $28, closed Friday at $27.40. The TJX Companies

Hold, PT increase from $35 to $40, closed Friday at $38.63. Ulta Salon

Hold, PT increase from $90 to $92, closed Friday at $93.55. Zumiez

Hold, PT increase from $27 to $35, closed Friday at $35.76.