Why Guess?, Inc. Is Soaring Today
Shares of clothing retailer Guess? (NYSE: GES) jumped 17% as of 11:18 a.m. EDT on Thursday. The big move was because of an upbeat earnings report that featured better-than-expected results and a boost to guidance.
Here's a look at the headline numbers that have traders feeling giddy on Thursday:
Turning to guidance here's what management had to say:
Source: Fool.com
Guess Inc. Stock
€21.40
-0.950%
Currently there is a rather positive sentiment for Guess Inc. with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 34 € shows a very positive potential of 58.88% compared to the current price of 21.4 € for Guess Inc..
