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Piper Jaffray Lowers PT on Gap to $17
Friday, August 19, 2011 - 7:35am | 81Piper Jaffray is out with its report today on Gap (NYSE: GPS), lowering its PT to $17 from $19. In its report, Piper Jaffray writes, "Our FY12 goes to $1.46 and our FY13 is at $1.74--in line with current consensus. Our price target moves from $19 to $17 based on an unchanged multiple of 10x...
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UPDATE: Piper Jaffray Lowers PT on Ross Stores to $72
Friday, August 19, 2011 - 7:25am | 97Piper Jaffray is out with its report today on Ross Stores (NASDAQ: ROST), lowering its PT to $72 from $75. In its report, Piper Jaffray writes, "We have raised our FY13 EPS to $6.00 but have lowered our price target from $75 to $72 as we rolled our multiple to FY13 and as valuations for the peer...
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Sterne Agee Upgrades The Buckle To Buy, $47 PT
Friday, August 19, 2011 - 7:19am | 25Sterne Agee has upgraded The Buckle (NYSE: BKE) from Neutral to Buy and maintains its $47 price target.
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UPDATE: China Sunergy Reports Wider-Than-Expected Q2 Loss
Friday, August 19, 2011 - 7:17am | 102China Sunergy Co Ltd (NASDAQ: CSUN) reported a wider-than-expected Q2 loss. China Sunergy posted a quarterly net loss of $16.9 million, or $0.42 per American Depository Share (ADS), up from $13.8 million, or $0.33 per ADS, in the year-ago period. Its revenue climbed 22% to $144 million. However,...
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Wedbush Lowers PT On Aeropostale To $11
Friday, August 19, 2011 - 6:56am | 26Wedbush Securities has lowered the price target on Aeropostale (NYSE: ARO) from $14 to $11 and maintains its Neutral rating.
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Wedbush Lowers PT On Gap To $17
Friday, August 19, 2011 - 6:55am | 26Wedbush Securities has lowered the price target on Gap (NYSE: GPS) from $19 to $17 and maintains its Neutral rating.
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Goldman Sachs Raises PT on Ross Stores To $80
Friday, August 19, 2011 - 6:05am | 27Goldman Sachs has raised the price target on Ross Stores (NASDAQ: ROST) from $78 to $80 and maintains its Neutral rating.
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Piper Jaffray Lowers PT On Gap To $17
Friday, August 19, 2011 - 6:02am | 26Piper Jaffray has lowered the price target on Gap (NYSE: GPS) from $19 to $17 and maintains its Neutral rating.
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Piper Jaffray Lowers PT On Ross Stores To $72
Friday, August 19, 2011 - 6:00am | 27Piper Jaffray has lowered the price target on Ross Stores (NASDAQ: ROST) from $75 to $72 and maintains its Neutral rating.
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Earnings Scheduled For August 19
Friday, August 19, 2011 - 3:50am | 157Hibbett Sports Inc (NASDAQ: HIBB) is projected to report its Q2 EPS at $0.19 on revenue of $151.61 million. Ann Inc (NYSE: ANN) is expected to report its Q2 EPS at $0.45 on revenue of $550.22 million. New York & Company Inc (NYSE: NWY) is estimated to post a Q2 loss at $0.15 per share on...
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Mad Money Lightning Round: Cramer Likes Sanofi-Aventis
Friday, August 19, 2011 - 3:48am | 116On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Sanofi-Aventis (NYSE: SNY) has a “great yield.” He advises investors to buy the stock. Cramer remains “bullish on EOG Resources (NYSE: EOG).” For Bank of Montreal (NYSE: BMO), he said, “Although I do not like U.S. banks right...
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Stocks To Watch For August 19
Friday, August 19, 2011 - 3:41am | 379Some of the stocks that may grab investor focus today are: Hewlett-Packard Co (NYSE: HPQ) reported a rise in its Q3 net income, but issued downbeat outlook for the current quarter and lowered its forecast for the year. The company reported its quarterly earnings at $1.93 billion, or $0.93 per...
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LDK Solar Revised Its Guidance For Revenue To Be In The Range Of $480 To $500 Million vs $714M Est
Thursday, August 18, 2011 - 4:16pm | 221LDK Solar Co. (NYSE: LDK) today revised its guidance for the second quarter of 2011 and fiscal 2011. Additionally, the company announced that it will report financial results for the second quarter ended June 30, 2011 before the market opens on Monday, August 29, 2011. The company will host a...
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Morning Losers; NetApp Down 19%
Thursday, August 18, 2011 - 10:47am | 170International Rectifier Corporation (NYSE: IRF) -17.03% after FBR Capital lowered the company's PT to $31. NetApp (NASDAQ: NTAP) -19.01% after reporting lower than expected Q1 revenues and having its PT lowered by several analysts. Riverbed Technology, Inc. (NASDAQ: RVBD) -17.52% after Jim...
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UPDATE: Wedbush Lowers PT on Abercrombie & Fitch from $82 to $74
Thursday, August 18, 2011 - 9:31am | 78WedBush has published a research report on Abercrombie & Fitch (ANF) lowering the price target. In the report, WedBush wrote, "Thus, while we recognize ANF's strong brand equity, international opportunities, and impressive fashion mix, we remain weary of difficult H2 compares, gross margin...