Market Overview

UPDATE: Piper Jaffray Lowers Coldwater Creek's PT


According to a research report published this morning, Piper Jaffray has lowered Coldwater Creek's (NASDAQ: CWTR) PT from $1.50 to $1.25.

In the report, Piper Jaffray said, "Although traffic trends remain challenging and the adult women's apparel market continues to be promotional, we are encouraged to see an 8% increase in average ticket and a 1% increase in conversion rate. Continued progress in inventory management should help to preserve cash flow, as FQ1 inventory was down 19% y/y and management expects FQ2 inventory down in the mid-to-high teens."

Piper Jaffray maintains its Neutral rating on Coldwater Creek, which closed yesterday at $0.84.

Latest Ratings for CWTR

Sep 2013Ascendiant CapitalDowngradesBuyNeutral
Sep 2013PiperJaffrayDowngradesOverweightNeutral
Jun 2013B. Riley FBRDowngradesBuyNeutral

View More Analyst Ratings for CWTR
View the Latest Analyst Ratings


Related Articles (CWTR)

View Comments and Join the Discussion!

Posted-In: Piper JaffrayAnalyst Color Price Target Analyst Ratings

Latest Ratings

AOSStifelInitiates Coverage On45.0
KMXStephens & Co.Maintains82.0
AVDLJefferiesInitiates Coverage On14.0
IARTSunTrust Robinson HumphreyInitiates Coverage On55.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at