Johnson Rice Downgrades Stein Mart Inc. (SMRT) to Hold
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Sidoti Downgrades Stein Mart Inc. (SMRT) to Neutral
September 29, 2016 11:06 AM EDTSidoti downgraded Stein Mart Inc. (NASDAQ: SMRT) from Buy to Neutral with a price target of $7.00 (from $10.00).
For an analyst ratings summary and ratings history on Stein Mart Inc. click here. For more ratings news on Stein Mart Inc. click here.
Shares of Stein Mart Inc. closed at $7.54 yesterday.
... MoreStein Mart (SMRT) CEO to Resign; Q3 Comps Down 4%
September 29, 2016 7:32 AM EDTStein Mart, Inc. (NASDAQ: SMRT) announced that Dawn Robertson has tendered her resignation as Chief Executive Officer and as a director, and the Companys Board of Directors accepted that resignation effective as of September 27, 2016. Ms. Robertson also performed the duties of the chief merchandising officer. D. Hunt Hawkins, Stein Marts President and Chief Operating Officer, has been named Interim CEO and the Company will initiate a search for a new chief merchandising officer.
Some of the sales initiatives that have been developed under Dawns leadership are... More