Carter's (CRI) Tops Q1 EPS by $1.66, Revenues Beat

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Go back to Carter's (CRI) Tops Q1 EPS by $1.66, Revenues Beat

Carter's (CRI) PT Raised to $105 at Wells Fargo

April 30, 2021 12:04 PM EDT

Wells Fargo analyst Ike Boruchow raised the price target on Carter's (NYSE: CRI) to $105.00 (from $85.00) while maintaining a Equal Weight rating.

The analyst commented, "Demand trends are accelerating faster than expected, while profitability is at record levels (primarily better price realization, stronger full-price... More