UPDATE: Wedbush Securities Reiterates Outperform Rating, Raises PT on Fifth & Pacific Companies
Posted on January 18, 2013 at 14:00 PM EST
In a report published Friday, Wedbush Securities reiterated its Outperform rating on Fifth & Pacific Companies (NYSE: FNP ), and raised its price target from $14.00 to $17.00. Wedbush Securities noted, “We are revising our model to incorporate mgmt's 4Q update and initial outlook for 2013 adj EBITDA. We also