Jefferies Says Buy Aeropostale (ARO) After Q4 Print
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Price: $0.15 --0%
Rating Summary:
5 Buy, 25 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
5 Buy, 25 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Jefferies commented on Aeropostale, Inc. (NYSE: ARO) following Q4 results, maintaining their Buy rating and $24 price target.
The firm states, "4Q results show that the fundamentals are troughing with both sales trends and margins stabilizing. Looking ahead, we like the easy compares, leaner inventories, and improving topline along with still cheap equity value. We continue to recommend aggressively buying shares."
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 $18.95 yesterday.
The firm states, "4Q results show that the fundamentals are troughing with both sales trends and margins stabilizing. Looking ahead, we like the easy compares, leaner inventories, and improving topline along with still cheap equity value. We continue to recommend aggressively buying shares."
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 $18.95 yesterday.
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