JP Morgan Says Jos. A. Bank's New Mgmt Incentives Package Points at Strong Results

Outlined in the company's April 10-K filing, the ambitious cash and equity compensation programs for Jos. A. Bank's JOSB management may suggest a higher EPS target than analysts previously estimated. JPMorgan analyst Brian Tunick noted JOSB's EPS target of approximately $3.56 compared to JPMorgan's own estimate of $2.72 EPS for this year. JOSB currently holds a Neutral rating at JPMorgan with a $42 PT. Stock volume was heavy and climbed over 5 percent after the open, and closed at 47.73 for a 3.5 percent gain.