Aeropostale (ARO) Terminates CEO Johnson; Prelim. Q2 Results Top Expectaitons
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Aeropostale (ARO) CEO Change is Positive, but N-T Risk/Reward Remains High - Stifel
August 19, 2014 8:59 AM EDTStifel comments on Aeropostale (NYSE: ARO) following news that Thomas Johnson will be leaving the retailer as CEO and Julian Geiger will rejoin the company to assume the role. The retailer also posted positive preliminary Q2 results.
Stifel has Aeropostale with a Hold rating.
Analyst Richard Jaffe noted the following key takeaways from the news release:Stock Will Likely Trade Up on the News - Aéropostale posted positive news this evening with better than expected earnings for 2Q and the news that... More
Aeropostale (ARO) CEO Change Will Boost Morale, But Competition Continues to Weigh - Jefferies
August 19, 2014 7:49 AM EDTJefferies analyst Randal Konik reiterated a Hold rating and $5 price target on Aeropostale, Inc. (NYSE: ARO) following news CEO Tom Johnson will step down and Julian Geiger will reprise his role as CEO, effective... More
