Summary
Given West 49's restructuring, along with the economy, "we believe that the best thing to do is to wait and see" with respect to the stock. [Neil Linsdell] said he believes the shares will trade close to his target price of 60 cents for the remainder of the year unless the retailer has a turnaround in its results. He rates the shares a hold.
"Given the difficult retail environment, even the teen customer is requiring more 'inspiration' to shop, and we do not believe (Abercrombie) is providing it in a meaningful way," analyst Howard Tubin of RBC Capital Markets said in a note to clients.See the full content of this document
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Cheap Chic in Vogue Now
Bargain-fashion trend shows up
By Hollie ShawTORONTO -- When you see a fashion plate like Katie Holmes shlepping around New York in her husband's rol...See the full content of this document
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