Chico's FAS Inc. was upgraded by Citigroup on Monday to "hold" from "sell," even though the investment bank does not foresee the stock moving in either direction and expectations are already low due to weak fundamentals.
"We do not see a near-term catalyst to move the stock in either direction as fundamental concerns over sales and margin declines are likely discounted in Chico's shares at this price," said Kimberly Greenberger, retail analyst at Citigroup.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)