Cowen Recommend accumulate shares of Francesca Holding(FRAN)
September 10, 2013
08:04 EDT FRAN Francesca's long-term margin concerns easing, says Cowen
Cowen recommends investors accumulate shares of Francesca's following meetings with management. The firm believes sentiment towards the concept's long-term potential is improving and its margins structure is easing. Shares are Outperform rated with a $23 price target.