Citigroup (NYSE:C) said in a research note today that they've initiated coverage on Guess Inc., starting them off with a "Hold" rating.
EPS estimate for 2010 was placed at $2.66 on the apparel and accessory retailer, and for 2011 it is at $3.10, and for 2012 the EPS estimate is $3.45.
Guess was trading at $47.70, gaining $0.45, or 0.95 percent at 12:24 PM EST. Citigroup has a price target of $50 on them.
The retailer took a steep dive on Black Friday, and is trying to rebound as the Christmas season gets into gear, hopefully theirs from that point of view.
No comments:
Post a Comment