Macquarie Downgrades Francesca's Holdings To Underperform

Analysts at Macquarie downgraded Francesca's Holdings

from Outperform to Underperform. The price target for Francesca's Holdings has been lowered from $16.00 to $11.00. Francesca's Holdings shares have declined 23.65% over the past 52 weeks, while the S&P 500 index has surged 7.46% in the same period. Francesca's Holdings' shares closed at $13.04 yesterday.