Wedbush Initiates ANN At Neutral

Analysts at Wedbush initiated coverage on ANN

with a Neutral rating. The target price for ANN is set to $23. ANN shares have gained 13.51% over the past 52 weeks, while the S&P 500 index has surged 15.85% in the same period. ANN's shares rose 3.14% to close at $41.77 yesterday.