Apparel Retail

Piper Jaffray has upgraded New York & Company (NYSE: NWY) from Neutral to Overweight and has raised the price target from $5 to $10.

Analysts at Piper Jaffray upgrade New York & Company Inc (NYSE: NWY) from “neutral” to “overweight.” The target price for NWY has been raised from $5 to $10. NWY shares gained 0.64% to close at $6.28 on Friday. More Analyst Ratings here

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Penske Automotive Group (NYSE: PAG) is “good.” He added, “I also like AutoNation (NYSE: AN) and Monro Muffler (NASDAQ: MNRO). That's a three for one." For Chesapeake Energy (NYSE: CHK), Cramer said, "I think the preferred shares...

Brown Shoe Company, Inc. (NYSE: BWS) and American Sporting Goods Corporation today announced that Brown Shoe has acquired ASG, a leading designer, manufacturer and marketer of athletic footwear, for $145 million in cash plus assumed net debt.

The U.S. government is going to crack down on companies that have illegal workers working for them, such as Abercrombie & Fitch (NYSE: ANF). Can they crack down on the excessive use of cologne in the stores too? Sheeesh.

Deutsche Bank is out with its report today on Abercrombie & Fitch (NYSE: ANF), raising its PT from $47 to $52. In a note to clients, Deutsche Bank writes, "4Q Oper. EPS came in at $1.38, ahead of $1.32 consensus and DB's $1.36. Gross margin was flat y/y vs. mgmt.'s soft plan of -40bp. Stores...

Valence Technology, Inc. (NASDAQ: VLNC) prevailed in a patent infringement lawsuit regarding the Company's carbothermal reduction technology. The lawsuit was filed against Phostech Lithium, Inc. on January 31, 2007. Per the judgment, Justice Johanne Gauthier ruled in Valence's favor, finding...

Deutsche Bank has raised the price target on Abercrombie & Fitch (NYSE: ANF) from $47 to $52 and maintains its Hold rating.

Abercrombie & Fitch (NYSE: ANF) reported FY4Q10 EPS of $1.38, above consensus of $1.32 and Oppenheimer's $1.30 estimate. Revenues increased 23% to $1,149.4M, GM increased a better than expected 10 bps to 63.6%. Total inventory on hand increased 22%, a deceleration from +47% in Q3 and in line...

Analysts at Susquehanna upgrade Abercrombie & Fitch Co (NYSE: ANF) from “neutral” to “positive.” ANF shares jumped 7.58% to close at $57.46 yesterday. More Analyst Ratings here

Analysts at Susquehanna downgrade Citi Trends Inc (NASDAQ: CTRN) from “positive” to “neutral.” CTRN shares gained 0.65% to close at $21.65 yesterday. More Analyst Ratings here

On CNBC's Fast Money Pops & Drops, Joe Terranova said that Devon Energy Corporation (NYSE: DVN) posted spectacular earnings, but the price action wasn't favorable. He added that investors with a long position should sell a half of their position. Devon Energy Corporation (DVN) fell 2.13%, and...

J.Crew Group, Inc. (NYSE: JCG) today announced the expiration of the 85 day "go shop" period pursuant to the terms of the previously announced merger agreement dated as of November 23, 2010, as amended on January 18, 2011, between the Company and affiliates of TPG Capital, L.P. and Leonard Green...

Shares of Chico's FAS (NYSE: CHS) are higher on the session by 4.32%, currently trading at $12.56. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short...

Abercrombie & Fitch Co. (NYSE: ANF) earlier today reported unaudited results which reflected net income of $92.6 million and net income per diluted share of $1.03 for the thirteen weeks ended January 29, 2011, compared to a net income of $47.5 million and net income per diluted share of $0.53...