American Apparel price target raised to 85c from 75c at Roth Capital Roth Capital raised its price target on American Apparel after the company reported stronger than expected Q1 results and reiterated its 2014 EBITDA guidance. The firm thinks the company's backing of its guidance suggests that its April and May trends are tracking to expectations, and it thinks the company's turnaround is progressing. The firm keeps a Buy rating on the stock.
American Apparel to make interest payment on bonds, Bloomberg says According to sources retail chain American Apparel will make an interest payment on its bonds, says Bloomberg. American Apparel will make a payment of about $13M by today’s due date, added Bloomberg. Reference Link