Ascena Retail Group (ASNA) Misses Q4 EPS by 5c; Guides FY15 EPS Well Below Views

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Go back to Ascena Retail Group (ASNA) Misses Q4 EPS by 5c; Guides FY15 EPS Well Below Views

Goldman Sachs Downgrades Ascena Retail Group (ASNA) to Neutral

September 24, 2014 6:54 AM EDT

Goldman Sachs downgraded Ascena Retail Group (NASDAQ: ASNA) from Buy to Neutral with a price target of $13.00 (from $20.00).

Analyst Taposh Bari said, "Since being added to the Americas Buy list on January 1, 2014, ASNA is down 35% versus the Russell 2000 down 3%... More