Raymond James Downgrades Ascena Retail Group (ASNA) to Outperform, Cuts Price Target

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Raymond James downgraded shares of Ascena Retail Group (NASDAQ: ASNA) to an Outperform rating from its previous rating of a Strong Buy.

The firm also cut its price target on the stock from $38 to $33.

For an analyst ratings summary and ratings history on Ascena Retail Group click here. For more ratings news on Ascena Retail Group click here.

Shares of Ascena Retail Group closed at $26.55 yesterday, with a 52 week range of $24.00-$35.25.

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