UPDATE: Ascendiant Capital Raises PT on The Wet Seal Following Q1 Results, Q2 Guidance
May 29, 2013 at 10:54 AM EDT
In a report published Wednesday, Ascendiant Capital analyst Elizabeth Pierce reiterated a Strong Buy rating on The Wet Seal (NASDAQ: WTSL ), and raised the price target from $6.50 to $7.00. In the report, Ascendiant Capital noted, “Based on Q1 results and Q2 guidance, we believe WTSL's turnaround is well
