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.
Kohl's sales update positive for Carter's, says Piper Jaffray Piper Jaffray views Kohl's (KSS) sales update as favorable for Carter's (CRI) since the retailer highlighted the children's category as having a positive comp trend. Piper estimates Kohl's represents 7%-10% of Carter's wholesale revenue. The firm keeps an Overweight rating on Carter's with a $92 price target.