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Stock Market & Financial Investment News

News Breaks
January 31, 2014
07:02 EDTJOSB, MWMen's Wearhouse could raise bid for Jos. A Bank, NY Times columnist says
EVA Dimensions analyst Craig Sterling believes that if Men's Wearhouse (MW) increases its bid for Jos. A Bank (JOSB), it would be overpaying, according to a New York Times columnist. But Jos. A Bank has more than $13 per share in cash on hand and there may be synergies between the companies that have not been identified, the columnist stated. Moreover, Men's Wearhouse has significant room to increase its offer, given its relatively low debt levels, the columnist added. Reference Link
News For MW;JOSB From The Last 14 Days
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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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