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News Breaks | | | | March 22, 2013 | | 07:53 EDT |  | NWY | New York & Co. on track to longer-term profitability, says Brean Capital
Brean Capital is taking a more conservative approach to its estimates for New York & Co following Q1 results. The firm believes in the company's plans for longer term profitability which includes increasing margins, upgrading its e-commerce platform, and growing its existing mall based stores. Shares remain Buy rated with a $6 price target. | |
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