The Street weighs in on Guess' blowout quarter

|About: Guess? Inc. (GES)|By:, SA News Editor

There's plenty of analyst chatter to wade through regarding shares of Guess (GES) following the company's Q2 top and bottom line beat.

Jefferies maintains a Hold rating noting the company's "conservative FY outlook." GES' full year guidance is for EPS of $1.78-1.92 on revenue of $2.56-2.59B versus consensus of $1.79/ share on $2.58B in sales. Analyst Randal Konik is awaiting "signs of sustainable improvement before becoming more positive on the name." Price target to $29 from $27.

Wedbush likewise thinks the shares are fairly valued.

Piper likes the Q2 results (what's not to like?) but is remaining on the sidelines.

Shares +15% premarket.