Jefferies Upgrades Aeropostale, Inc. (ARO) to Buy
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Price: $0.15 --0%
Rating Summary:
5 Buy, 25 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 18 | New: 6
Rating Summary:
5 Buy, 25 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 12 | Down: 18 | New: 6
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Jefferies upgraded Aeropostale, Inc. (NYSE: ARO) from Hold to Buy with a price target of $20.00.
"We believe the company is currently near trough fundamentals and expect improving trends over the coming quarters. We do not view this story as broken and believe ARO continues to serve an important role as the opening price point brand in teen retail."
For more ratings news on Aeropostale, Inc. click here and for the rating history of Aeropostale, Inc. click here.
Shares of Aeropostale, Inc. closed at $12.13 yesterday.
"We believe the company is currently near trough fundamentals and expect improving trends over the coming quarters. We do not view this story as broken and believe ARO continues to serve an important role as the opening price point brand in teen retail."
For more ratings news on Aeropostale, Inc. click here and for the rating history of Aeropostale, Inc. click here.
Shares of Aeropostale, Inc. closed at $12.13 yesterday.
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