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Stock Market & Financial Investment News

News Breaks
June 5, 2014
08:06 EDTVRAVera Bradley reports Q1 EPS 16c, consensus 13c
Reports Q1 revenue $113.5M, consensus $118.41M. The company said, "While our Q1 revenues were modestly below our expectations, we were able to post EPS above our guidance due to better than expected gross margin and expense performance. However, we continue to face a difficult environment, one that is proving much more challenging than we anticipated just two short months ago. The sales miss to guidance primarily was due to lower than expected orders from the company's Indirect specialty retail partners, weaker than expected comparable store sales performance in the Company's retail stores, and a shortfall at the company's annual outlet sale. "
News For VRA From The Last 14 Days
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August 18, 2015
10:00 EDTVRAOn The Fly: Analyst Downgrade Summary
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07:46 EDTVRAJefferies sees longer turnaround for Vera Bradley, cuts to Hold
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07:40 EDTVRAJefferies says Coach turnaround not being appreciated, ups to Buy
Jefferies analyst Randal Konik upgraded Coach (COH) to Buy from Neutral and raised his price target for shares to $50 from $35. The stock closed yesterday up 8c to $32.02. Survey results show the handbag maker is starting to attract new customers at a faster rate while its remodel initiative should help drive a return to positive comps, Konik tells investors in a research note. He believes the company's turnaround is not being fully appreciated by the market. The analyst also added Coach to the Jefferies Franchise Picks List. He coupled the upgrade with a downgrade Vera Bradley (VRA) to Hold.
06:43 EDTVRAVera Bradley downgraded to Hold from Buy at Jefferies
Jefferies analyst Randal Konik downgraded Vera Bradley to Hold with an $11 price target.

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