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UPDATE: Piper Jaffray Raises PT on Ann on Updated Share Count Information

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In a report published on Thursday, Piper Jaffray analyst Neely J.N. Tamminga raised the price target on Ann (NYSE: ANN) from $36 to $38 and maintained an Overweight rating on the company.

In the report, Piper Jaffray stated, "We are updating our model on ANN following the company's conference call this morning to reflect updated information about share count. All of our operating assumptions for the company remain unchanged. We are raising our EPS estimates for FY14, FY15, and FY16, to $2.22, $2.51, and $2.80, respectively."

Ann closed on Thursday at $31.59.

Latest Ratings for ANN

DateFirmActionFromTo
Oct 2014MacquarieMaintainsOutperform
Oct 2014BarclaysInitiates Coverage onEqual-weight
Sep 2014WedbushInitiates Coverage onNeutral

View More Analyst Ratings for ANN
View the Latest Analyst Ratings

Posted-In: Neely J.N. Tamminga Piper JaffrayAnalyst Color Price Target Analyst Ratings

 

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