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Stock Market & Financial Investment News

News Breaks
February 13, 2014
07:42 EDTCRICarter's recommended ahead of Q4 results at FBR Capital
FBR Capital recommends buying shares of Carter's ahead of the company's Q4 results on February 26 following the 6% year-to-date pullback. FBR expects better than expected Q4 results and believes conservative guidance is already priced into the stock. The firm keeps an Outperform rating on the stock with an $85 price target.
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August 19, 2014
08:03 EDTCRICarter'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.

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