Wells Fargo Downgrades Carter's (CRI) to Underweight

Wells Fargo analyst Ike Boruchow downgraded Carter's (NYSE: CRI) from Equal Weight to Underweight with a price target of $25.00 (from $40.00).

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

Shares of Carter's closed at $33.90 yesterday.

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