Sterne Agee Maintains Buy on Talbots (TLB)

Sterne Agee Maintains Buy on Talbots (TLB) Sterne Agee is out with its report today on Talbots TLB, maintaining Buy. In a note to clients, Sterne Agee writes, "Our Buy rating is maintained as we note the low valuation on TLB but the stock may continue to be a 'show me' stock until its top line reflects stronger consumer acceptance of the merchandise changes underway." Sterne Agee maintains a $7.50 PT on TLB. Shares of TLB closed Monday at $4.81, up 0.41% from Friday's close.