Ascena Retail Group (ASNA) Misses Q1 EPS by 2c, Comps Fall 5%

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Cowen Reiterates Market Perform on Ascena Retail Group (ASNA)

December 2, 2016 7:40 AM EST

Cowen reiterated a Market Perform rating and $7.00 price target on Ascena Retail Group (NASDAQ: ASNA). Cowen believes that the company is a long-term consolidator of brands which can generate profitable growth once achieving positive comp store sales. Looking ahead, Cowen expects... More