Tilly’s price target lowered to $7.50 from $8.50 at Roth MKM

Roth MKM lowered the firm’s price target on Tilly’s to $7.50 from $8.50 and keeps a Neutral rating on the shares. The company’s Q4 results were “generally fine” as strong operating expense managment drove a slight earnings beat, but its Q1 trends and guidance were below estimates, the analyst tells investors in a research note. The firm adds that it is still waiting for signs of positive demandand comps, which would ultimately drive significant operating leverage.