Tigress Financial Partners Starts True Religion Apparel (TRLG) at Strong Buy

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Tigress Financial Partners initiates coverage on True Religion Apparel (NASDAQ: TRLG) with a Strong Buy on a potential sale.

"We believe the sale price could be in the range of $40 to $44 per share." analyst Ivan Feinseth notes. "TRLG's current Economic Profit value is $31.58 per share. The Current Operations Value is $53 per share. TRLG has over $7 per share in excess cash."

For an analyst ratings summary and ratings history on True Religion Apparel click here. For more ratings news on True Religion Apparel click here.

Shares of True Religion Apparel closed at $23.89 yesterday, with a 52 week range of $20.22-$37.82.

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