KeyBanc Downgrades New York & Co (NWY) to Hold

October 3, 2011 7:35 AM EDT
Get Alerts NWY Hot Sheet
Price: $3.50 --0%

Rating Summary:
    3 Buy, 4 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
Join SI Premium – FREE
KeyBanc downgraded New York & Co (NYSE: NWY) from Buy to Hold.

The firm said while the stock has an accommodating valuation, given a more cautious consumer backdrop margin risk remains reasonably high.

For more ratings news on New York & Co click here and for the rating history of New York & Co click here.

Shares of New York & Co closed at $3.19 yesterday.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Downgrades

Related Entities

KeyBanc