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UPDATE: Goldman Sachs Lowers PT on Tilly's on Weak 1Q13 Outlook

Related TLYS
Earnings Scheduled For May 25, 2016
Earnings Scheduled For March 16, 2016

Goldman Sachs analyst Lindsay Drucker Mann published a report on Tily's Inc. (NYSE: TLYS) reiterated its Buy rating and lowered the price target from $17 to $16.

Goldman Sachs reported that, “We are lowering our EPS and price target following disappointing 1Q13 sales and EPS guidance from TLYS on their 4Q12 report. Our Buy-rating has been predicated on: (1) a positive view on TLYS rapid supply chain, (2) a long-term algorithm that supports ongoing 10-15% top-line growth, including low-single digit comp sales, (3) a compelling mid-teens P/E for a model that should fetch a low-20's multiple, and (4) upside optionality if a surf-skate fashion cycle materializes, which we see as likely.”

Shares of Tilly's, Inc. closed at $13.76 on Wednesday.

Latest Ratings for TLYS

Jan 2016Guggenheim SecuritiesInitiates Coverage onNeutral
Nov 2015B. RileyDowngradesBuyNeutral
Oct 2015B. RileyUpgradesBuy

View More Analyst Ratings for TLYS
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Posted-In: Goldman SachsAnalyst Color Price Target Analyst Ratings


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