Chico's FAS upgraded to Outperform from Market Perform at FBR Capital FBR Capital upgraded Chico's FAS to Outperform citing shareholder return catalysts in 2014 and easy near-term same-store-sales compares. FBR raised its price target for the stock to $19 from $18.
Chico's could be acquired for $19-$22 per share, says SunTrust After Bloomberg reported that private equity firms could look to buy Chico's, SunTrust believes that Chico's could be acquired for $19-$22 per share. The firm think that, "there are multiple potential strategic buyers" for the company. It adds that even if a deal does not occur, the stock can rise significantly, driven by recent improvements. The firm keeps a $21 price target and Buy rating.