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rue21
RUE is trading higher on the session after Jefferies raised specialty retailers' price targets. rue21's price target was raised from $27 to $28.
Jefferies pointed out: “We have been positive on the specialty retailers since Fall '11. While the stocks are up big and have outperformed the broader market since then, we remain super bullish and still see significant upside ahead.”
rue21 is currently trading at $29.48. a gain of $2.08 or 7.59%.
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Posted In: Intraday UpdateMovers
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