Market Overview

UPDATE: Jefferies & Company Reiterates Buy Rating, Raises PT on Francesca's Holdings Corporation

Share:
Related FRAN
Wedbush Securities Sees Traction In Non-Apparel Categories For Francesca's Holdings
Francesca's Posts Upbeat Q4 Earnings, But Issues Weak Forecast

In a report published Wednesday, Jefferies & Company reiterated its Buy rating on Francesca's Holdings Corporation (NASDAQ: FRAN), and raised its price target from $38.00 to $40.00.

Jefferies noted, “Numbers were again very strong proving the durability and attractiveness of this early stage growth story. We are particularly impressed with the broad-based strength spanning the topline, margins, earnings growth, and high ROI. Meanwhile the long-term story remains among the most attractive in the space with potential to nearly triple the store base. Valuation is also attractive and we are buyers at current levels. Raising PT to $40.”

Francesca's Holdings Corporation closed on Tuesday at $26.81.

Latest Ratings for FRAN

DateFirmActionFromTo
Mar 2015Goldman SachsUpgradesSellNeutral
Mar 2015NomuraMaintainsBuy
Mar 2015Janney CapitalUpgradesBuy

View More Analyst Ratings for FRAN
View the Latest Analyst Ratings

Posted-In: Jefferies & CompanyAnalyst Color Price Target Analyst Ratings

 

Related Articles (FRAN)

Around the Web, We're Loving...