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Joe’s Jeans (NASDAQ:JOEZ) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a report issued on Monday, AnalystRatings.NET reports. The firm currently has a $1.40 price objective on the stock. Zacks‘ price objective suggests a potential upside of 11.11% from the stock’s previous close.

Shares of Joe’s Jeans (NASDAQ:JOEZ) traded down 1.56% during mid-day trading on Monday, hitting $1.26. 1,540,375 shares of the company’s stock traded hands. Joe’s Jeans has a 52 week low of $1.02 and a 52 week high of $2.04. The stock has a 50-day moving average of $1.17 and a 200-day moving average of $1.15. The company’s market cap is $86.6 million.

Joe’s Jeans (NASDAQ:JOEZ) last announced its earnings results on Thursday, February 13th. The company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.02) by $0.05. The company had revenue of $50.50 million for the quarter, compared to the consensus estimate of $48.10 million. On average, analysts predict that Joe’s Jeans will post $-0.05 earnings per share for the current fiscal year.

Separately, analysts at TheStreet upgraded shares of Joe’s Jeans from a “sell” rating to a “hold” rating in a research note on Thursday. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the company’s stock. Joe’s Jeans currently has a consensus rating of “Hold” and a consensus target price of $1.49.

Joe’s Jeans Inc (NASDAQ:JOEZ) is engaged in designing, developing and marketing of its Joe’s products, which include denim jeans, related casual wear and accessories.

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