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Fly News Breaks for December 17, 2019
VRA
Dec 17, 2019 | 07:43 EDT
Cowen analyst Oliver Chen upgraded Vera Bradley to Outperform from Market Perform as he believes performance and "hands free" driven product innovation will drive consistent comps. The analyst also modeled its acquisition of Pura Vida to contribute meaningful earnings per share growth of +20%. Chen raised his price target to $14 from $12 on Vera Bradley shares.
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