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Pali Research Upgrades Pacific Sunwear (PSUN) to Buy

August 28, 2009 7:35 AM EDT
PSUN Hot Sheet
Rating Summary:
    2 Buy, 6 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 16 | Down: 7 | New: 23
Pali Research upgrades Pacific Sunwear (Nasdaq: PSUN) from Neutral to Buy.

Pali analyst says, "With the company having establisheda low bar for guidance, low expectations, no Buy ratings and a new CEO and sound strategy, we think the risk/reward is compelling."

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