Brean Murray Carret & Co. Upgrades Aeropostale, Inc. (ARO) to Buy; Carnage Over, Dipping Our Toe In
Tweet Send to a FriendGet Alerts ARO Hot Sheet
Price: $14.92 -9.47%
Rating Summary:
10 Buy, 20 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 15 | New: 13
Rating Summary:
10 Buy, 20 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 15 | New: 13
Trade ARO Now!
Brean Murray Carret & Co. upgraded Aeropostale, Inc. (NYSE: ARO) from Hold to Buy with a price target of $16.00.
Brean analyst says, "With ARO confirming that the turn for the company will not occur in 2QFY12, and hope for a semblance of normalcy now pushed out to 4QFY12, the stock has been slaughtered more than most, with ARO now down 29% over the last three trading days...Tha said, we believe, with most of the bad news already embedded in the stock, the risk/reward for ARO has improved for investors with a little patience and vision..."
For more ratings news on Aeropostale, Inc. click here and for the rating history of Aeropostale, Inc. click here.
Shares of Aeropostale, Inc. closed at $12.75 yesterday, with a 52 week range of $11.79-$27.73.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Brean analyst says, "With ARO confirming that the turn for the company will not occur in 2QFY12, and hope for a semblance of normalcy now pushed out to 4QFY12, the stock has been slaughtered more than most, with ARO now down 29% over the last three trading days...Tha said, we believe, with most of the bad news already embedded in the stock, the risk/reward for ARO has improved for investors with a little patience and vision..."
For more ratings news on Aeropostale, Inc. click here and for the rating history of Aeropostale, Inc. click here.
Shares of Aeropostale, Inc. closed at $12.75 yesterday, with a 52 week range of $11.79-$27.73.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- Bulls and Bears Do Battle in Aeropostale (ARO); Turnaround Intact?
- RBC Capital Upgrades Pandora (P) to Outperform
- Hewlett-Packard (HPQ) Q2 Performance Wins Praise on Wall Street; Jefferies Raises to Hold
Create E-mail Alert Related Categories
UpgradesRelated Entities
Brean Murray Carret & Co.
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
