Friedman Billings Upgrades Talbots (TLB) to Outperform

June 16, 2008 8:25 AM EDT

Friedman Billings upgrades Talbots (NYSE: TLB) from Market Perform to Outperform, citing positive growth and EPS outlook. Price target increased to $16.

The Talbots, Inc. is a specialty retailer and direct marketer of women’s apparel, shoes, and accessories.


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TLB 13.53

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