UBS Maintains a 'Neutral' on Coldwater Creek, Inc. (CWTR); Possibly Losing Share
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Price: $3.73 -1.32%
Rating Summary:
2 Buy, 4 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Rating Summary:
2 Buy, 4 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Trade CWTR Now!
UBS maintains a 'Neutral' on Coldwater Creek, Inc. (NASDAQ: CWTR) price target of $0.55 (from $0.85).
Analyst, Roxanne Meyer, said, "Coldwater Creek's promotions were controlled in Q2, but we’ve seen a recent uptick. Given the strength of some other women’s retailers (Ann Inc (NYSE: ANN), Chico' (NYSE: CHS)), CWTR may be losing share as it navigates a product turn. Our $0.55 PT is based on 0.1x ’13 Price/Sales (near historical trough levels; previous PT $0.85 based on 0.15x)."
For an analyst ratings summary and ratings history on Coldwater Creek, Inc. click here. For more ratings news on Coldwater Creek, Inc. click here.
Shares of Coldwater Creek, Inc. closed at $0.53 yesterday, with a 52 week range of $0.45-$1.83.
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Analyst, Roxanne Meyer, said, "Coldwater Creek's promotions were controlled in Q2, but we’ve seen a recent uptick. Given the strength of some other women’s retailers (Ann Inc (NYSE: ANN), Chico' (NYSE: CHS)), CWTR may be losing share as it navigates a product turn. Our $0.55 PT is based on 0.1x ’13 Price/Sales (near historical trough levels; previous PT $0.85 based on 0.15x)."
For an analyst ratings summary and ratings history on Coldwater Creek, Inc. click here. For more ratings news on Coldwater Creek, Inc. click here.
Shares of Coldwater Creek, Inc. closed at $0.53 yesterday, with a 52 week range of $0.45-$1.83.
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Reverse Split CWTR
Bob Slama on Aug 28, 2012 08:01 AMMark as Spam | Reply to this comment
I voted against the pending reverse split. If the company is going to "come out of it", the stock price will work itself back up. Example: LVS dropped under $2 in early '09... look at it now.