UPDATE: Wedbush Upgrades Guess? to Outperform on Valuation, Turnaround Signs
Posted on February 08, 2013 at 08:14 AM EST
Wedbush upgraded Guess? (NYSE: GES ) from Neutral to Outperform and raised the price target from $24.00 to $34.00 Wedbush commented, "We are upgrading shares of GES to OUTPERFORM from NEUTRAL as we believe the retailer has begun to introduce new merchandise that could affect a turnaround in North America.