Guess?

“We expect the declining value of the U.S. Dollar will remain a meaningful driver of int'l revenue growth in Q2 and through the second half of 2011,” Piper Jaffray wrote in a report this morning. “While concerns over European sovereign debt remain, we believe domestic brands can continue to gain...

Citi reiterated its Buy rating on Guess? (NYSE: GES). At the same time, Citi left its price target on the company's stock unchanged at $51. In a research report published today, Citi states, "Accessories remain strong and key categories including premium denim continue to improve. Looking forward...

According to Piper Jaffray, Guess? (NYSE: GES) Overweight rating is reiterated. Piper Jaffray said that Wednesday afternoon at the 31st annual Piper Jaffray Consumer Conference, Guess CFO Dennis Secor, COO Michael Prince and CFO of North American Retail Russell Bowers spoke to investors about the...

BMC reiterated Buy on Guess? (NYSE: GES). At the same time, BMC left its price target unchanged at $60 after the company reported strong Q1 results. On Wednesday, Guess? closed the day at $40.10. Its shares skyrocketed in today's pre-market trading, however, rising 12.34% to $45.05.

Sterne Agee is out with its report today on Guess? (NYSE: GES), maintaining Buy. In a note to clients, Sterne Agee writes, "We are raising our FY12 estimate to $3.50 from $3.48 given the upside in Q1 results. Our FY13 estimate is upped to $4.18 from $4.02 previously. Our target price of $58 is...

According to Wedbush, Guess? (NYSE: GES) F11 outlook is reiterated. Wedbush said that with a slight Q1 beat, inline Q2 guidance, and reiterated F11 outlook, it anticipates the stock to be up (indicated ~$45 after market) as shares decreased ~9% in the past week. “While we are encouraged by the...

Citigroup has upgraded Guess? (NYSE: GES) from Hold to Buy and has raised the price target from $46 to $50.

According to Piper Jaffray, Guess? (NYSE: GES) Overweight rating is reiterated. Piper Jaffray reported that it is reiterating its Overweight rating and $48 price target following meetings and store visits in China and South Korea with members of Guess' mgmt team. “We expect FY12 to be a year of...

Piper Jaffray is estimating the Euro sensitivity as follows: Phillips-Van Heusen Corp. (NYSE: PVH): $0.01 change is $0.02 EPS impact; guidance assumes FY Euro is $1.35-1.37. Guess? Inc. (NYSE: GES): $0.01 change is $0.01 EPS impact; guidance assumes FY Euro weakens modestly. V.F. Corporation (NYSE...

Wall Street Strategies is out with its report on Guess? (NYSE: GES), lowering its PT from $52 to $48. In a note to clients, Wall Street Strategies writes, "The stock is trading at a mere 9.7x our FY12 estimate of $3.90 per share, a valuation we feel accounts for the downside risk to consensus as a...

Sterne Agee has reported on the fourth quarter results of Guess?, Inc. (NYSE: GES). According to Sterne Agee, "GES reported Q4 results of $1.11 aided by $0.05 in one-time loyalty program breakage. Results were $1.11 above SA/FC at $1.05 and guidance of $1.02-$1.06. Sales were $757 million – above...

Brean Murray, Carret & Co. is reiterating $60 PT on shares of Guess? Inc. (NYSE: GES), and is adjusting its FY12 EPS to $3.32 (from $3.51). “Here is the bottom line,” Brean Murray writes. “Guess?, much like any of our other denim based or contemporary plays (all of whom have released weaker-...

Sterne Agee has published a research report on Guess?, Inc. (NYSE: GES) after the company reported strong 3Q results and has issued a special $2.00 dividend. In the report, Sterne Agee writes "GES reported Q3 EPS of $0.75 (vs. $0.69 LY), higher than our $0.58 estimate and the $0.59 FC consensus....

Jefferies & Company said that it believes investors should stay long in the specialty retail group and use any near-term weakness as a buying opportunity. “We seem accelerating comps, reasonable valuations, muted 2H'10 expectations, and negative sentiment as reasons to own the group in size,”...