Jefferies Initiates Men's Wearhouse With Buy

Analysts at Jefferies initiated coverage on shares of The Men's Wearhouse

with a Buy rating. The target price for Men's Wearhouse is set to $60. Men's Wearhouse shares have gained 2.36% over the past 52 weeks, while the S&P 500 index has surged 16.33% in the same period. Men's Wearhouse shares rose 1.07% to close at $45.53 yesterday.