Market Overview

UPDATE: Citigroup Reiterates on Iconix Brand Following Model Update

Related ICON
Jim Cramer Advises His Viewers On Domino's Pizza, Allergan And More
Earnings Scheduled For August 9, 2017
Smith, Graham & Co., Investment Advisors, LP Buys Owens & Minor Inc, Electronics for ... (GuruFocus)

In a report published Friday, Citigroup analyst Kate McShane reiterated a Neutral rating on Iconix Brand (NASDAQ: ICON), and raised the price target from $40.00 to $41.00.

In the report, Citigroup noted, “Updating model for Q4 results. Target price updated to reflect updated EPS estimates post-Q4 earnings. FY14 and FY15 EPS revised to $2.65 and $3.00 respectively. Introducing FY16 EPS of $3.34. Target price to $41, from $40 previously.”

Iconix Brand closed on Thursday at $39.11.

Latest Ratings for ICON

Sep 2016GuggenheimInitiates Coverage onNeutral
Nov 2015Monness Crespi HardtDowngradesNeutral
Nov 2015Brean CapitalDowngradesBuyHold

View More Analyst Ratings for ICON
View the Latest Analyst Ratings

Posted-In: Citigroup Kate McShaneAnalyst Color Price Target Analyst Ratings


Related Articles (ICON)

View Comments and Join the Discussion!

Partner Center