Market Overview

UPDATE: Topeka Capital Markets Initiates Guess? at Hold on Unresolved Business Issues

Share:
Related GES
12 Stocks To Watch For May 26, 2016
Keep an Eye on These 12 Stocks for May 25, 2016
Guess? (GES) CEO Victor Herrero on Q1 2017 Results - Earnings Call Transcript (Seeking Alpha)

In a report published on Monday, Topeka Capital Markets analyst Dorothy S. Lakner initiated coverage on Guess? (NYSE: GES) with a Rating of Hold and a price target of $34.

In the report, Topeka Capital Markets stated, "While GES is a globally recognized brand with the potential to return to 15%+ growth over the next few years, room to grow in all regions globally, management changes, macro and merchandising issues to resolve across multiple concepts has put a lot on GES' plate. We are believers in the global Guess? brand, but prefer to sit on the sidelines until the new executives have had time to settle in and initiatives to fix the business begin to gain traction."

Guess? closed on Friday at $31.78.

Latest Ratings for GES

DateFirmActionFromTo
May 2016Standpoint ResearchUpgradesHoldBuy
Mar 2016JefferiesMaintainsHold
Mar 2016Cowen & CompanyMaintainsMarket Perform

View More Analyst Ratings for GES
View the Latest Analyst Ratings

Posted-In: Dorothy S. Lakner Topeka Capital MarketsAnalyst Color Initiation Analyst Ratings

 

Related Articles (GES)

View Comments and Join the Discussion!