Carter'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.
News For CRI From The Last 14 Days
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Carter's upgraded to Overweight from Neutral at Piper Jaffray Piper Jaffray upgraded Carter's to Overweight citing improving birth rate trends and reasonable consensus estimates following the company's below-Street guidance. Piper raised its price target for shares to $92 from $74.