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CHS

Chico's

09:13
10/07/16
10/07
09:13
10/07/16
09:13

Chico's names Diane Ellis as President of Chico's brand, effective November 1

Chico's FAS announced that Diane Ellis has been appointed president of its Chico's brand, effective November 1. In this role, Ellis will oversee all business activities for Chico's and will report directly to Shelley Broader, president and CEO of Chico's FAS. Ellis has more than 35 years of retail experience and joins Chico's from The Limited, where she served as CEO and was instrumental in driving the strategy behind the company's growth and business transformation over the past three years.

CHS Chico's

04/27/16
DBAB
04/27/16
INITIATION
Target $13
DBAB
Hold
Chico's initiated with a Hold at Deutsche Bank
Deutsche Bank analyst Paul Trussell started Chico's FAS with a Hold rating and $13 price target.
04/27/16
04/27/16
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1.Arrow Electronics (ARW) reinstated with a Buy at BofA/Merrill. 2. Nasdaq (NDAQ) initiated with a Buy at Buckingham saying risk/reward is positive at current levels and sees accelerating growth in non-transactional businesses as the key driver moving forward. 3. Newfield Exploration (NFX) initiated with a Buy at Wunderlich. 4. Electronic Arts (EA) initiated with a Market Perform at BMO Capital. 5. Deutsche Bank initiated Express (EXPR), L Brands (LB) and Tailored Brands (TLRD) with a Buy, American Eagle (AEO), Chico's (CHS) and Urban Outfitters (URBN) with a Hold, and Abercrombie & Fitch (ANF), Gap (GPS) and The Buckle (BKE) with a Sell. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
05/25/16
WOLF
05/25/16
UPGRADE
WOLF
Peer Perform
Chico's upgraded to Peer Perform from Underperform at Wolfe Research
05/27/16
RHCO
05/27/16
NO CHANGE
RHCO
Chico's long-term outlook still positive, says SunTrust
After Chico's reported significantly weaker than expected Q1 results and lowered its full-year comp sales and margin guidance, SunTrust says that the company is "challenged" in the near-term. However, the firm is impressed with the company's CEO and its cost-cutting initiatives. It thinks the company is "positioned for long-term improvements" and keeps a Buy rating on the shares.

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