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Stock Market & Financial Investment News

News Breaks
August 19, 2014
08:03 EDTHBI, GIL, CRICarter's has favorable risk/reward, says Goldman
Goldman said cotton prices are at a 5-year low and basic apparel companies Carter's (CRI) which is Buy rated, Gildan (GIL), and HanesBrands (HBI), both Neutral rated, are the most leveraged to the lower prices. The firm believes Carter's offers the best exposure to lower cotton prices and notes leadership in kids apparel and branding offering.
News For CRI;GIL;HBI From The Last 14 Days
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June 18, 2015
10:01 EDTCRIOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Arch Capital (ACGL) downgraded to Market Perform from Outperform at BMO Capital... Bankrate (RATE) downgraded on revenue headwinds at SunTrust... Carter's (CRI) downgraded to Neutral from Buy at Sterne Agee CRT... Lumenis (LMNS) downgraded to Market Perform from Outperform at Wells Fargo... Nimble Storage (NMBL) downgraded to Hold from Buy at Wunderlich... Southwest (LUV) downgraded to Underweight from Overweight at Barclays... Spirit Airlines (SAVE) downgraded to Neutral from Outperform at Credit... Webster Financial (WBS) downgraded to Underweight from Equal Weight at Morgan Stanley.
05:47 EDTCRICarter's downgraded to Neutral from Buy at Sterne Agee CRT
Sterne Agee CRT downgraded Carter's to Neutral citing the greater than 50% rally in shares over the past 12 months. Sterne believes the company's "solid" fundamentals are now reflected in the stock price and it notes shares are above its $105 price target.

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