chico's fas

Chico's FAS is currently above its 50-day moving average (MA) of $11.61 and above its 200-day of $10.81.

In the last five trading sessions, the 50-day MA has remained constant while the 200-day MA has slid 0.16%.

Citigroup bumped its target price for Chico's FAS (NYSE:CHS) to $16.00 from $15.00 and reiterated its buy rating, driven by modest stock repurchase assumptions over the next several years.

Lowe's Companies, Inc. (LOW) is down 3%, even after posting better-than-expected 2010 Q4 results. The company posted EPS of $0.21, ahead of the analyst consensus of $0.18 per share on Thomson Reuters. Sales were $10.5 bln, matchin

The consumer sector has significant news coming out this morning; and shares show mixed directions.

The company raised its quarterly dividend to $0.05 per share.

Chico's FAS expects 2011 net sales to increase at a low teen percentage rate and expects the gross margin rate to increase slightly.

Chico's FAS has a potential upside of 2.7% based on a current price of $12.44 and an average consensus analyst price target of $12.78.

Chico's FAS, Inc. (NYSE:CHS) reported Q4 EPS of $0.12, missing consensus estimates of $0.13 per share. Revenues for the quarter rose 9% year-over-year to $475.0 million, ahead of consensus estimates of $473.3 million.