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Talbots Inc (TLB) Up 15% This Morning
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Analyst Ratings
Posted on 10/07/09 at 11:27am by Eric Mancini
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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There are 2 comments
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Where is the Motley Fool
by Anonymous on 10/07/09 6:26pm
Where is the Motley Fool now! Morley Fool said it was a waste of money at 3 dollars a share, and continued to pan the stock for months all the while the stock gained ground despite the Motley Fool's repeated pans.
Don't get it! Huge debt,
by Dave S on 10/07/09 9:40pm
Don't get it! Huge debt, weak sales, double digit -eps, and still on the endangered species list . Expenses look to be trimmed, but the company has been touting improved product for 2 years now. Is there a sale in the works?
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