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Fly News Breaks for December 10, 2015
FRAN
Dec 10, 2015 | 09:18 EDT
Susquehanna said Francesca's delivered a well executed quarter as results were driven by growth in apparel and accessories. The firm also noted it was the first quarter since 2012 that both dresses and tops posted positive comps in the same quarter. Susquehanna expects continued momentum in non-Holiday and core merchandise. Susquehanna raised its price target to $19 from $17 and reiterated its Positive rating on Francesca shares.
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