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Stock Market & Financial Investment News

News Breaks
July 2, 2014
07:09 EDTJOSB, MWMen's Wearhouse upgraded at Stifel
As noted earlier, Stifel upgraded Men's Wearhouse (MW) to Buy from Hold, citing the company's merger with Jos. A. Bank (JOSB). The firm thinks the combined entity has significant opportunities while the fundamentals of both businesses have improved and are likely to strengthen further this year. Target $67.
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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