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Stock Market & Financial Investment News

News Breaks
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.
News For CRI From The Last 14 Days
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June 18, 2015
10:01 EDTCRIOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Arch Capital (ACGL) downgraded to Market Perform from Outperform at BMO Capital... Bankrate (RATE) downgraded on revenue headwinds at SunTrust... Carter's (CRI) downgraded to Neutral from Buy at Sterne Agee CRT... Lumenis (LMNS) downgraded to Market Perform from Outperform at Wells Fargo... Nimble Storage (NMBL) downgraded to Hold from Buy at Wunderlich... Southwest (LUV) downgraded to Underweight from Overweight at Barclays... Spirit Airlines (SAVE) downgraded to Neutral from Outperform at Credit... Webster Financial (WBS) downgraded to Underweight from Equal Weight at Morgan Stanley.
05:47 EDTCRICarter's downgraded to Neutral from Buy at Sterne Agee CRT
Sterne Agee CRT downgraded Carter's to Neutral citing the greater than 50% rally in shares over the past 12 months. Sterne believes the company's "solid" fundamentals are now reflected in the stock price and it notes shares are above its $105 price target.

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