Market Overview

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

Share:
Related FRAN
Benzinga's Top Upgrades
Benzinga's Top Downgrades

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, ā€œNumbers 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.ā€

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

Latest Ratings for FRAN

DateFirmActionFromTo
Mar 2016Goldman SachsMaintainsNeutral
Mar 2016KeyBancDowngradesOverweightSector Weight
Mar 2016Guggenheim SecuritiesUpgradesNeutralBuy

View More Analyst Ratings for FRAN
View the Latest Analyst Ratings

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

 

Related Articles (FRAN)

View Comments and Join the Discussion!