Goldman Sachs Upgrades Aeropostale, Inc. (ARO) to Neutral
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Price: $0.15 --0%
Rating Summary:
5 Buy, 25 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
5 Buy, 25 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Goldman Sachs upgraded Aeropostale, Inc. (NYSE: ARO) from Sell to Neutral with a price target of $13.
The firm said while they still see risk to 2012 due to the company's merchandise strategy and positioning, they see longer-term opportunity off depressed 2011 margins and a potential for increased investor appetite for low multiple, depressed margin stories.
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 $13.58 yesterday.
The firm said while they still see risk to 2012 due to the company's merchandise strategy and positioning, they see longer-term opportunity off depressed 2011 margins and a potential for increased investor appetite for low multiple, depressed margin stories.
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 $13.58 yesterday.
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