KeyBanc Downgrades Aeropostale, Inc. (ARO) to Hold

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KeyBanc Downgrades Ascena Retail Group (ASNA) to Hold

February 25, 2013 9:14 AM EST

KeyBanc downgraded Ascena Retail Group (NASDAQ: ASNA) from Buy to Hold saying they believe that the middle income consumer remains pressured.

The firm comments, "With a +15% increase in gas prices since January 17, 2013, a roughly $36 billion gap in tax refunds paid... More