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

Related FRAN
Macquarie Adjusts Recommendations On Several Retail Stocks
UPDATE: Macquarie Downgrades Francesca's

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
Oct 2014MacquarieDowngradesOutperformUnderperform
Oct 2014Canaccord GenuityDowngradesBuyHold
Sep 2014Buckingham ResearchUpgradesNeutralBuy

View More Analyst Ratings for FRAN
View the Latest Analyst Ratings

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

 

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