Citigroup Raised Its 2011, 2012 EPS Estimates For Maidenform

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Citigroup raised its 2011 and 2012 EPS estimates for Maidenform Brands (NYSE:MFB) and maintained its buy rating and $33 price target.The bank sees 2011 EPS of $2.22, up from $2.19 per share, vs. consensus estimates of $2.15 per share, and 2012 EPS of $2.53, up from $2.50 per share, vs. consensus estimates of $2.40 per share.Maidenform Brands has a potential upside of 7.1% based on a current price of $29.25 and an average consensus analyst price target of $31.33.

Credit: Financial News Network

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