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Stock Market & Financial Investment News

News Breaks
February 25, 2014
06:17 EDTMWEminence enters standstill provision with Men's Wearhouse
Eminence Capital disclosed that it entered into an agreement with Men's Wearhouse pursuant to which Eminence agreed to cease all efforts in furtherance of the preliminary solicitation, withdraw its demand to inspect the stockholder list and books and records of the company.
News For MW 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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