Market Overview

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 (NYSE: ANF), Buy, PT increase from $70 to $75, closed Friday at $51.23. American Eagle Outfitters (NYSE: AEO), Buy, PT increase from $21 to $23, closed Friday at $17.13. Ann Inc. (NYSE: ANN), Buy, PT increase from $31 to $33, closed Friday at $28.58. Body Central (NASDAQ: BODY) Buy, PT increase from $35 to $36, closed Friday at $26.83. Coach (NYSE: COH) Buy, PT increase from $90 to $92, closed Friday at $77.09. Francesca's Holdings (NASDAQ: FRAN), Buy, PT increase from $35 to $38, closed Friday at $32.47. Limited Brands (NYSE: LTD) Hold, PT increase from $42 to $45, closed Friday at $48.55. Ross Stores (NASDAQ: ROST) Hold, PT increase from $60 to $62, closed Friday at $57.11. Rue21 (NASDAQ: RUE) Hold, PT increase from $27 to $28, closed Friday at $27.40. The TJX Companies (NYSE: TJX) Hold, PT increase from $35 to $40, closed Friday at $38.63. Ulta Salon (NASDAQ: ULTA) Hold, PT increase from $90 to $92, closed Friday at $93.55. Zumiez (NASDAQ: ZUMZ) Hold, PT increase from $27 to $35, closed Friday at $35.76.

Posted-In: JefferiesAnalyst Color Price Target Analyst Ratings

 

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