Brean Murray, Carret & Co. is reiterating $60 PT on shares of Guess? Inc. GES, and is adjusting its FY12 EPS to $3.32 (from $3.51).
“Here is the bottom line,” Brean Murray writes. “Guess?, much like any of our other denim based or contemporary plays (all of whom have released weaker-than-expected guidance for FY2012) is not immune from an increasingly inflationary environment.”
Guess? Closed Wednesday at $43.87.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in