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Express Inc. Message Board

  • stoxtrax stoxtrax Oct 2, 2012 2:57 PM Flag

    Stifel Nicolaus just out - remains Bullish on EXPR and price Attractive

    Stifel Nicolaus analyst Richard E. Jaffe remained bullish on Express in a report reacting to the company’s announcement.

    “Express will be challenged in the third-quarter and we lack visibility for improvement in the fourth-quarter, which makes us cautious for the near-term,” wrote Jaffe. “However, we believe in the long-term viability of the brand (value priced, fashion merchandise) and at the current stock price, the risk/reward is attractive, in our view.”

    Sentiment: Strong Buy

11.94-4.09(-25.51%)Aug 24 4:01 PMEDT