Vince Holding Corp VNCE was a big mover last session, as the company saw its shares rise over 8% on the day. The upside came on heavy trading volume after Piper Jaffray upgraded the stock to "overweight" from "neutral" and hiked its price target on the stock to $8 from $6, noting that it is "undervalued". Yesterday's rally breaks the recent trend of the company, as the stock is now trading above the volatile price range of $4.70 to $5.63 in the past one-month time frame.
The company has seen no estimate revisions over the past 30 days, while the Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Vince Holding Corp currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
VINCE HOLDNG CP Price
A better-ranked stock in the Textile-Apparel industry is Ralph Lauren Corporation RL, which carries a Zacks Rank #2 (Buy).
Is VNCE going up? Or down? Predict to see what others think: Up or Down
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