Piper Jaffray Reiterates Overweight Rating on Vera Bradley - Vera Bradley (NASDAQ:VRA)

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According to Piper Jaffray, Vera Bradley (NYSE: VRA) Overweight rating is reiterated.Piper Jaffray said that no estimate revisions at this point, but it remains confident in management's ability to deliver on their guidance for FQ3 of $0.26 to $0.28 and its estimate of $0.28. “We continue to view Vera Bradley as an early-stage growth brand with ample store growth and productivity expansion opportunities.”Vera Bradley closed yesterday at $38.63.

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