FBR Capital Initiates Coverage on Several Stocks in the Retail Category

October 18, 2011 11:43 AM EDT
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Rating Summary:
    7 Buy, 20 Hold, 1 Sell

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    Up: 8 | Down: 5 | New: 26
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FBR Capital initiates coverage on several stocks in the Retail category including:

Chico's (NYSE: CHS)(PT $15), Abercrombie & Fitch (NYSE: ANF)(PT $85), and Urban Outfitters (Nasdaq: URBN)(PT $30) with 'Outperform' ratings

Ascena Retail Group (Nasdaq: ASNA)(PT $30), Aeropostale (NYSE: ARO)(PT $12), and Fossil (Nasdaq: FOSL)(PT $100) with 'Market Perform' ratings.

FBR also initiates coverage on The Children's Place (Nasdaq: PLCE) with an Underperform rating. PT $40.


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