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News Breaks | | | | December 18, 2012 | | 10:47 EDT |  | CRI | Carter'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. | |
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News For CRI From The Last 14 Days Check below for free stories on CRI the last two weeks. |
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| May 9, 2013 | | 17:56 EDT | | CRI | Carter's announces $300M share repurchase plan, initiates quarterly dividend
 Subscribe for More Information | | | May 8, 2013 | | 10:00 EDT |  | CRI | On The Fly: Analyst Initiation Summary
Subscribe for More Information | | | 05:39 EDT | | CRI | Carter's initiated with a Neutral at Piper Jaffray
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