UBS Maintains a 'Neutral' on Coldwater Creek, Inc. (CWTR); Possibly Losing Share

UBS maintains a 'Neutral' on Coldwater Creek, Inc. (NASDAQ: CWTR) price target of $0.55 (from $0.85).

Analyst, Roxanne Meyer, said, "Coldwater Creek's promotions were controlled in Q2, but we’ve seen a recent uptick. Given the strength of some other women’s retailers (Ann Inc (NYSE: ANN), Chico' (NYSE: CHS)), CWTR may be losing share as it navigates a product turn. Our $0.55 PT is based on 0.1x ’13 Price/Sales (near historical trough levels; previous PT $0.85 based on 0.15x)."

For an analyst ratings summary and ratings history on Coldwater Creek, Inc. click here. For more ratings news on Coldwater Creek, Inc. click here.

Shares of Coldwater Creek, Inc. closed at $0.53 yesterday.

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