Brean Murray Carret & Co. Reiterates a 'Buy' on Aeropostale (ARO); Q4 Preview - Raising Numbers Ahead of Report
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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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Brean Murray Carret & Co. reiterates a 'Buy' on Aeropostale, Inc. (NYSE: ARO) price target raised from $19 to $22.
Brean analyst says, "We believe, while Q4 results will be in-line and management could be conservative in their Q1 guidance, that it is becoming increasingly clear that ARO has the right inventory mix and, increasingly, the right fashion looks to drive material upside in FY13 against some of the easiest comparisons in retail and lower material costs in 2H."
Analyst, Eric Beder, raises FY13 EPS estimate from $1.15 to $1.25 and establishes FY14 at $1.50.
For an analyst ratings summary and ratings history on Aeropostale, Inc. click here. For more ratings news on Aeropostale, Inc. click here.
Shares of Aeropostale, Inc. closed at $18.63 yesterday.
Brean analyst says, "We believe, while Q4 results will be in-line and management could be conservative in their Q1 guidance, that it is becoming increasingly clear that ARO has the right inventory mix and, increasingly, the right fashion looks to drive material upside in FY13 against some of the easiest comparisons in retail and lower material costs in 2H."
Analyst, Eric Beder, raises FY13 EPS estimate from $1.15 to $1.25 and establishes FY14 at $1.50.
For an analyst ratings summary and ratings history on Aeropostale, Inc. click here. For more ratings news on Aeropostale, Inc. click here.
Shares of Aeropostale, Inc. closed at $18.63 yesterday.
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