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Joe's Jeans Inc. Message Board

  • wall_st_knight_mare wall_st_knight_mare Jul 16, 2013 1:43 PM Flag

    Roth Capital drops price target on Joe's Jeans to $1.60

    Roth Capital Partners analyst Jared Schramm was less optimistic. Schramm said that he remains cautious of the acquisition due to potential steep financing costs and possible distraction from its core business due to the magnitude of the deal. He lowered his rating on the company to "Neutral" from "Buy" and trimmed his price target to $1.60 from $2.50.

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