Piper Jaffray Reiterates View on Guess

Piper Jaffray has published a research report on Guess? GES reiterating the current view of the company. In the report, Piper Jaffray wrote, "On the heels of Q2's earnings report in which the company slightly exceeded expectations, we are encouraged that the company's outlook for Europe is still for modest growth." Piper Jaffray rated Guess? an Overweight with a price target of $49.00. Guess? closed Wednesday at $33.29.