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Stock Market & Financial Investment News

News Breaks
January 10, 2014
07:39 EDTANNAnn Inc. business appears to be tracking to plan, says Oppenheimer
After meeting with Ann's management, Oppenheimer thinks that the company's products are "trend right," while its inventories are in good shape. The firm was encouraged by the meeting and keeps an Outperform rating on the stock.
News For ANN From The Last 14 Days
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March 27, 2015
05:52 EDTANNAmerican Eagle downgraded to Sell from Neutral at Goldman
Goldman Sachs downgraded American Eagle (AEO) to Sell saying it sees 29% downside risk over the next six months. Goldman believes declining mall traffic and "aggressive competition" from low cost stores puts the retailer in a multi-year period of diminishing productivity, margins, and returns. Its six-month price target for American Eagle is $12. Shares of the retailer closed yesterday up 17c to $16.92. Goldman lists Ann Inc. (ANN), Abercrombie & Fitch (ANF) and American Eagle as its top sell ideas in the Specialty Apparel space. Its lone Buy rated name in the group is Urban Outfitters (URBN).

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