Goldman Sachs Suspended Coverage on Carter's (CRI) After Earnings Delay
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Goldman Sachs suspended coverage on Carter's, Inc. (NYSE: CRI) today, citing a lack of visibility after the company delayed earnings in order to complete a review of its accounting for margin support to its wholesale customers.
We are hearing analysts at Miller Tabak have come out mid-day to defend the shares, calling the 20%+ sell-off overdone.
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