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Stock Market & Financial Investment News

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May 14, 2014
07:08 EDTCRICarter's pullback a buying opportunity, says Piper Jaffray
Piper Jaffray recommends using the recent pullback in shares of Carter's as a buying opportunity. Piper says its recent survey indicated that moms select Carter's as their top preferred clothing brand for their children. It has an Overweight rating on the stock with a $92 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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