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Auriga Initiates Coverage on AnnTaylor Stores (ANN) with a Buy

October 7, 2009 8:01 AM EDT
ANN Hot Sheet
Rating Summary:
    9 Buy, 4 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Auriga initiates coverage on AnnTaylor Stores (NYSE: ANN) with a Buy rating. Price target $18.

Auriga analyst says, "Kicking off with Holiday 2009, we are more bullish than consensus into 2010...Supply chain enhancements just beginning to ramp with ongoing opportunity in 2010 and beyond..."

To see more analyst ratings on ANN Click Here.

AnnTaylor Stores Corporation, through its subsidiaries, operates as a specialty retailer of women's apparel, shoes, and accessories under the Ann Taylor, LOFT, Ann Taylor Factory, and LOFT Outlet brands in the United States.

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