Talbots Inc (TLB) Up 15% This Morning
Symbols: TLB
Posted in: Long Ideas, Upgrades, Small Cap Analysis, Price Target, Intraday Update, Markets, Analyst Ratings, Movers, Trading Ideas
Talbots Inc. (NYSE: TLB) is up over 15% today to $11.00/share on 6X higher than normal volume.
The company released no news today; however FBR Capital recently announced an increased price target to $13/share. They maintained their "outperform" rating on the stock.
Some see today’s strong rally as a short squeeze in response to this release.
Talbots is up 320% year to date.
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