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UPDATE: Brean Murray Reiterates Buy Rating, Lowers PT for The Wet Seal
Wednesday, May 23, 2012 - 11:10amIn a company update published earlier today, Brean Murray, Carret & Co., LLC reiterated its Buy rating for The Wet Seal, Inc. (NASDAQ: WTSLA), but lowered its price target from $5.00 to $4.00. Brean Murry said it made its decisions “after WTSLA reported in‐line (and preannounced) 1QFY13...
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UPDATE: Brean Murray Carret & Co. Upgrades The Warnaco Group
Wednesday, May 23, 2012 - 9:20amAccording to a research report published this morning, Brean Murray Carret & Co. has upgraded The Warnaco Group (NYSE: WRC) from Hold to Buy. In the report, Brean Murray Carret & Co. said, "With WRC trading within 10% of its 52 week low, competitor GUESS? (GES $24.44, Buy) providing...
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UPDATE: Brean Murray Carret & Co. Raises Guess?'s PT
Wednesday, May 23, 2012 - 9:16amAccording to a research report published this morning, Brean Murray Carret & Co. has increased Guess?'s (NYSE: GES) PT from $35 to $37. In the report, Brean Murray Carret & Co. said, "We are reiterating our Buy rating, tweaking our price target to $37 and raising FY13 and FY14 EPS to $2.61...
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Brean Murray Carret & Co: True Religion Apparel Continues to Take Over the Premium Denim Market
Tuesday, May 22, 2012 - 7:34amAccording to a research report this morning, True Religion Apparel (NASDAQ: TRLG) continues to take market share within its niche market and push growth to the next level. Brean Murray Carret & Co stated, “We believe True Religion continues to take market share in the premium denim market and...
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Brean Murray Carret & Co Raises Estimates on Urban Outfitters
Tuesday, May 22, 2012 - 7:23amAccording to a research report this morning, Brean Murray Carret & Co raises FY13 EPS from $1.40 to $1.46 on Urban Outfitters (NASDAQ: URBN) following the $0.08 upside to its 1Q projections. Brean Murray Carret & Co explained, “We continue to assume gross margin upside in 2H, which is the...
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UPDATE: Brean Murray Carret & Co. Upgrades American Eagle Outfitters
Monday, May 21, 2012 - 7:57amAccording to a research report published this morning, Brean Murray Carret & Co. has upgraded American Eagle Outfitters (NYSE: AEO) from Hold to Buy. In the report, Brean Murray Carret & Co. commented, "We are raising our rating for AEO to Buy (from Hold), instituting a price target of $23...
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UPDATE: Brean Murray Carret & Co. Lowers Guess' PT
Monday, May 21, 2012 - 7:50amAccording to a research report published this morning, Brean Murray Carret & Co. has lowered Guess' (NYSE: GES) PT from $42 to $35. Brean Murray Carret & Co. said in the report, "We are reiterating our Buy rating, but slashing our FY13 EPS projection to $2.22 (from $2.61) and FY14 EPS...
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UPDATE: Brean Murray Carret & Co. Initiates Coverage on Penn Virginia
Monday, May 21, 2012 - 7:41amAccording to a research report published this morning, Brean Murray Carret & Co. has initiated Penn Virginia (NYSE: PVA) with a Buy rating and $10 PT. Brean Murray Carret & Co. said, "Proceeds from the company's anticipated Granite Wash divestiture should shift market focus from liquidity...
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UPDATE: Brean Murray Carret & Co. Upgrades Alpha Natural Resources
Monday, May 21, 2012 - 7:36amAccording to a research report published this morning, Brean Murray Carret & Co. has upgraded Alpha Natural Resources (NYSE: ANR) from Hold to Buy. In the report, Brean Murray Carret & Co. said, "We are upgrading Alpha Natural Resources to Buy from Hold with a $15 target price. In our...
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UPDATE: Brean Murray Carret & Co. Lowers Sina's PT
Wednesday, May 16, 2012 - 8:10amAccording to a research report published this morning, Brean Murray Carret & Co. has lowered Sina's (NASDAQ: SINA) PT from $92 to $82. In the report, Brean Murray Carret & Co. said, "SINA reported 1Q12 results with Non GAAP revenue of $101.5mm at the low end of its guidance and below...
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