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Stock Market & Financial Investment News

News Breaks
December 18, 2012
10:47 EDTCRICarter's rises after Citi calls stock a top pick
Children's apparel maker Carter's (CRI) is advancing after Citigroup added the stock to its Top Picks Live List in a note to investors earlier today. Carter's stock has been little changed since April, and it has become the most attractive stock in Citi's coverage universe as a result, analyst Susan Anderson wrote. In addition, the company has several upcoming positive catalysts, including a supply chain restructuring initiative that could increase its margins by 4% over time, Anderson believes. Growth in international and e-commerce sales may also give Carter's a lift, added the analyst, who maintained her Buy rating on the stock. In mid-morning trading, Carter's climbed 85c, or 1.64%, to $52.63.
News For CRI 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.
June 15, 2015
10:06 EDTCRIHigh option volume stocks
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