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Stock Market & Financial Investment News

News Breaks
March 20, 2014
12:24 EDTAROAeropostale price target lowered to $6 from $9 at Maxim
Maxim lowered its price target for Aeropostale shares to $6 saying it needs to see progress in stores before becoming more positive on the stock. The firm views 2014 and 2015 expect as years in which Aeropostale's business is likely to stabilize and it keeps a Hold rating on the stock.
News For ARO From The Last 14 Days
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January 29, 2016
14:39 EDTAROAeropostale by-law change suggests potential for 'go-private' deal, says Stifel
Stifel analyst Richard Jaffe noted that Aeropostale amended and restated its by-laws earlier this week so that any director, or the entire board, may be removed, with or without cause, by the holders of a majority of the shares, which he believes makes the possibility of the company getting bought out, perhaps in a "go-private" deal led by Sycamore, both easier and more likely. However, Jaffe keeps a Hold rating on shares as he believes the stock is fully valued based on its fundamentals.

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