Wedbush analyst Betty Chen cuts her PT for Guess? (GES -6.1%) to $37 from $50, saying the...


Wedbush analyst Betty Chen cuts her PT for Guess? (GES -6.1%) to $37 from $50, saying the retailer faces near-term pressure on European slowdown worries. She also lowered estimates for FY11 EPS to $3.28-$3.40 - slightly higher than the firm's own guidance of $3.25-$3.35.

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