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Goldman Sachs Suspended Coverage on Carter's (CRI) After Earnings Delay

October 27, 2009 3:19 PM EDT
CRI Hot Sheet
Rating Summary:
    2 Buy, 6 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 25 | Down: 12 | New: 36
Goldman Sachs suspended coverage on Carter's, Inc. (NYSE: CRI) today, citing a lack of visibility after the company delayed earnings in order to complete a review of its accounting for margin support to its wholesale customers.

We are hearing analysts at Miller Tabak have come out mid-day to defend the shares, calling the 20%+ sell-off overdone.

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