Stifel Maintains Gordmans (GMAN) at 'Hold' Following New CEO Appointment

Stifel maintains its Hold rating on Gordmans Stores (Nasdaq: GMAN) following news of a new CEO appointment.

Analyst Richard Jaffe said, we believe that, at the current share price, the reward is limited and risk remains significant, given the uncertainty inherent to executing an ongoing turnaround.

For an analyst ratings summary and ratings history on Gordmans Stores click here. For more ratings news on Gordmans Stores click here.

Gordmans Stores closed at $3.14 yesterday.

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