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Cowen Reiterates Market Perform on Ascena Retail Group (ASNA) as Justice Remains Key Driver

March 2, 2016 7:01 AM EST

Cowen maintained a Market Perform rating on Ascena Retail Group (NASDAQ: ASNA), and cut the price target to $10.00 (from $11.00), following the company's 2Q. Justice remains a key driver for ASNA, performing in-line with management's plan. ASNA reaffirmed EPS guidance, but expectations are now 4Q... More