The Street weighs in on Guess' blowout quarter


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.

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