Wall Street closes higher but pares gains with oil slide

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Go back to Wall Street closes higher but pares gains with oil slide

Men's Wearhouse (MW) PT Cut to $16 at Jefferies - 'Don't Bank On a Quick Fix Here'

December 11, 2015 8:21 AM EST

Jefferies maintained a Hold rating on The Men's Wearhouse, Inc. (NYSE: MW), and cut the price target to $16.00 (from $32.00), as visibility on turnaround becomes cloudy. MW met recently lowered 3Q guidance, but Jos Bank's steep 35% comp decline 4QTD is outpacing already morose expectations for a 20-25%... More

Men's Wearhouse (MW) PT Cut to $16 at Mizuho Securities as JAB Deceleration Clouds Visibility

December 10, 2015 2:54 PM EST

Mizuho Securities maintained a Neutral rating on The Men's Wearhouse, Inc. (NYSE: MW), and cut the price target to $16.00 (from $30.00), as rapid deceleration at JAB clouds visibility around topline and margins. With limited visibility to the cause of the rapid traffic decline, Mizuho is uncertain when JAB... More