UPDATE: KeyBanc Upgrades Chico's FAS To Buy, Shares Trading Up Nearly 4% Following Note
September 17, 2013 at 12:54 PM EDT
KeyBanc Captial Markets' Edward Yruma upgraded his rating on Chico's FAS, Inc. (NYSE: CHS ) from Hold to Buy Tuesday morning. Yruma established a target price of $21 for Chicos shares. Chicos' is currently trading at $16.99, up $0.51. It should be noted Yruma has been sitting on the sidelines