rue21 downgraded to Market Perform from Outperform at Avondale Avondales downgraded rue21 to reflect macro and assortment concerns. Price target lowered to $32 from $44.
News For RUE From The Last 14 Days
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rue21 lowers FY13 EPS view to $1.98-$2.03 from $2.00-$2.05, consensus $2.02 This incorporates 24.2M average diluted shares expected for FY13 as compared to 24.9M average diluted shares in FY12.