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Stock Market & Financial Investment News

News Breaks
June 10, 2014
13:35 EDTCHSMaxim says $19 fair price for Chico's shares in going private deal
Maxim believes that $19 is a fair price for Chico's shares in a going private transaction. The firm says closing large numbers of stores is often easier for private retailers than for those traded publicly. Maxim lowered its price target for Chico's shares to $19 from $21 and keeps a Buy rating on the name. Yesterday Financial Times reported that Chico's is considering a sale to private equity.
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