Sterne Agee Lowers 2011/2012 Estimates On CACH

Sterne Agee is lowering its estimates on shares of Cache Inc.

. “We are lowering our 2011 and 2012 projections to $0.03 and to $0.12, respectively, from EPS of $0.11 and $0.21 previously,” Sterne Agee writes. Cache currently trades at $4.41.