Netshoes Limited Reports First Quarter 2017 Results

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Go back to Netshoes Limited Reports First Quarter 2017 Results

Netshoes LTD. (NETS) PT Raised to $22 at Jefferies Following 1Q

May 16, 2017 9:11 AM EDT

Jefferies raised its price target on Netshoes LTD. (NYSE: NETS) to $22.00 (from $19.00) while maintaining a Buy rating. GMV grew +21% Y/Y driven by +21% Y/Y growth in orders. Net sales grew +14% Y/Y to R$396MM, ahead of the Street's estimate of... More