Goldman Sachs Starts Ascena Retail Group (ASNA) at Neutral

Goldman Sachs initiates coverage on Ascena Retail Group (NASDAQ: ASNA) with a Neutral rating and $36 6-month price target.

The firm calls Ascena a well-run specialty retailer with a strong management team and consistent execution history, however they do not see significant upside catalysts to earnings in the near term

For more ratings news on Ascena Retail Group click here and for the rating history of Ascena Retail Group click here.

Shares of Ascena Retail Group closed at $34.57 yesterday.

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