Chico’s price target lowered to $7.25 from $9.25 at B. Riley

B. Riley lowered the firm’s price target on Chico’s to $7.25 from $9.25 and keeps a Buy rating on the shares post the Q2 report. The analyst forecasts year-over-year EBITDA declines for the next four quarters, which the firm says “is not an overly compelling stand-alone fundamental stock setup.”