Piper Jaffray Upgrades Talbots (TLB) to Neutral: Fall Selling Trends Showing Signs Of Life
TLB Hot Sheet
Rating Summary:2 Buy, 11 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Piper Jaffray upgraded Talbots (NYSE: TLB) this morning from Underweight to Neutral. Piper Jaffray said fall selling trends are showing signs of life.
Piper believes that Talbots has the ability to best expectations, owing to an improved merchandise assortment and expense savings. Additionally, Piper is encouraged that TLB's management has indicated that early fall selling trends are tracking significantly above recent trends.
Piper believes that Talbots has the ability to best expectations, owing to an improved merchandise assortment and expense savings. Additionally, Piper is encouraged that TLB's management has indicated that early fall selling trends are tracking significantly above recent trends.
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