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Stock Market & Financial Investment News

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February 4, 2013
06:16 EDTTRLGTrue Religion sale likely being negotiated, says Benchmark Co.
Benchmark Co. said it believes a sale of True Religion is being negotiated and that private equity is the likely buyer. Recall the company announced in October 2012 that it was exploring strategic alternatives. Benchmark Co. thinks investors are more concerned with the possible sale than True Religionís Q4 results and keeps a Buy rating on the stock with a $32 price target.
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