ANN, Inc. (ANN) Tops Q3 EPS by 3c; Guides Q4, FY13 Revs

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Wells Fargo Comments on Ann Inc. (ANN) Q3 Results

November 22, 2013 11:20 AM EST

Wells Fargo maintained a Market Perform rating on Ann Inc. (NYSE: ANN) with a price target of $29-$33. Analyst Paul Lejuez called Q3 a "well-managed" quarter but he thinks gross margin trends are concerning.

"Similar to many across the retail sector,... More