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In a report published Monday, Morgan Stanley analyst Kimberly C. Greenberger reiterated an Equal-Weight rating and $34.00 price target on
Ann Inc.ANN.
In the report, Morgan Stanley noted, "We believe ANN is financially well managed and making the correct decisions for the long-term success of the business. 19x FY15 EPS represents peak valuation, but a better entry point could make us more positive; remain EW."
Ann closed on Friday at $40.45.
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