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Stock Market & Financial Investment News

News Breaks
January 28, 2013
10:38 EDTMW, JOSBMen's Wearhouse falls on peer weakness, levels to watch
The shares are down over 5.5% at time of writing, breaking below support at the 10-day moving average. The stock is lower in sympathy with peer JoS. A. Bank (JOSB). At the current price of $31.28, next support is at $30.94, a prior pivot low. Resistance is at the 10-day, last at $32.34.
News For JOSB;MW From The Last 14 Days
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September 2, 2015
12:13 EDTMWMen's Wearhouse November calls active
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August 20, 2015
09:00 EDTMWMen's Wearhouse selloff a buying opportunity, says Jefferies
Jefferies analyst Edward Plank views the recent selloff in shares of Men's Wearhouse as a buying opportunity. Much of the back-end integration risk from Jos. A. Bank has now passed, and margin improvement should follow, Plank tells investors in a research note. The analyst's FY18 bull case suggests a price target of $100, or 75% upside from current levels, versus a bear case of $47, or 20% downside. He keeps a Buy rating on Men's Wearhouse with a $67 price target.

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