Goldman Sachs Upgrades Carter's (CRI) to Buy
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Price: $38.72 -1.1%
Rating Summary:
9 Buy, 11 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
9 Buy, 11 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Goldman Sachs upgraded Carter's (NYSE: CRI) from Neutral to Buy with a price target of $46.00.
The firm said the company is in the early stages of raising prices in its wholesale business (50% of sales), input costs should decline in 2H12 and CRI is working through its inventory glut.
For an analyst ratings summary and ratings history on Carter''s click here. For more ratings news on Carter's click here.
Shares of Carter's closed at $40.16 yesterday.
The firm said the company is in the early stages of raising prices in its wholesale business (50% of sales), input costs should decline in 2H12 and CRI is working through its inventory glut.
For an analyst ratings summary and ratings history on Carter''s click here. For more ratings news on Carter's click here.
Shares of Carter's closed at $40.16 yesterday.
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