Back to mobile site

BofA Upgrades Carter's (CRI) to Buy Following Q1 Report, Guidance

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/22/2026

1. WMT
2. ROST
3. AAP
4. NVDA
5. SPY
6. AVGO
7. SPCX
8. BJ
9. BABA
10. DE

April 26, 2012 1:15 PM EDT
Get Alerts CRI Hot Sheet
Price: $35.77 -1.3%

Rating Summary:
    9 Buy, 11 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 8 | Down: 5 | New: 26
Join SI Premium – FREE
Shares of Carter's (NYSE: CRI) ticked higher midday on a spike in volume following an intraday upgrade from an analyst at BofA/Merrill Lynch. The firm now rates the stock a Buy, up from Neutral previously.

Shares of Carter's are up about 6 percent Thursday afternoon following first-quarter results from the company this morning. Carter's reported quarterly sales of $552 million and EPS of 54 cents. The company said it is looking for second-quarter earnings of 26-30 cents and FY12 profit which will be up 20-25 percent over the $2.09 reported last year.

For an analyst ratings summary and ratings history on Carter's click here. For more ratings news on Carter's click here.

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Upgrades

Related Entities

Earnings