UPDATE: Jefferies Raises PT on Specialty Retail Stocks

According to a research report published earlier today, Jefferies has increased PT for several specialty retail stocks. Jefferies explained in the report, “We have been positive on the specialty retailers since Fall '11. While the stocks are up big and have outperformed the broader market since then, we remain super bullish and still see significant upside ahead.” Jefferies maintains the following: Abercrombie & Fitch ANF, Buy, PT increase from $70 to $75, closed Friday at $51.23. American Eagle Outfitters AEO, Buy, PT increase from $21 to $23, closed Friday at $17.13. Ann Inc. ANN, Buy, PT increase from $31 to $33, closed Friday at $28.58. Body Central BODY Buy, PT increase from $35 to $36, closed Friday at $26.83. Coach COH Buy, PT increase from $90 to $92, closed Friday at $77.09. Francesca's Holdings FRAN, Buy, PT increase from $35 to $38, closed Friday at $32.47. Limited Brands LTD Hold, PT increase from $42 to $45, closed Friday at $48.55. Ross Stores ROST Hold, PT increase from $60 to $62, closed Friday at $57.11. Rue21 RUE Hold, PT increase from $27 to $28, closed Friday at $27.40. The TJX Companies TJX Hold, PT increase from $35 to $40, closed Friday at $38.63. Ulta Salon ULTA Hold, PT increase from $90 to $92, closed Friday at $93.55. Zumiez ZUMZ Hold, PT increase from $27 to $35, closed Friday at $35.76.