UPDATE: Brean Murray Raises PT to $29 on Express

A report from Brean Murray Carret & Co reiterates its Buy rating and raises its price target from $26 to $29 on Express (NYSE: EXPR).

The report states, “Express continues to trump this uncertain economic environment by offering the quality and fashion consumers are demanding and by enhancing the overall brand image through its impactful marketing campaigns which have grasped the attention of a wider audience.”

EXPR closed yesterday at $22.69.