UPDATE: Canaccord Genuity Reiterates Buy Rating, Raises PT on Francesca's Holdings Corporation
Posted on December 05, 2012 at 10:29 AM EST
In a report published Wednesday, Canaccord Genuity reiterated its Buy rating on Francesca's Holdings Corporation NASDAQ: FRAN), and slightly raised its price target from $30.00 to $31.00. Canaccord Genuity noted, “Francesca's Q3 SSS grew 17%, above our estimate of 13%. Q3 operating EPS of $0.24 vs. $0.14 exceeded our estimate and