Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Markets & Finance

Banc of America Ups J Jill to 'Buy'


Banc of America upgraded J Jill Group (JILL) to buy from neutral.

Analyst Amy Noblin says she upgraded given the number of factors, including significantly improved product with more to come from new talent, and a model highly leveraged to the growing retail mix. She says color and novelty is driving top-line improvement. Noblin says multi-city channel checks have shown more a interesting, colorful assortment, and has revealed strong business trends.

Longer term, Noblin says the real upside will come from a new management team. She raised her target to $24, and assumes a p-e of 24 times her normalized $1.00 2005 earnings per share estimate.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus