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Fly News Breaks for October 26, 2016
LULU, CRI
Oct 26, 2016 | 08:51 EDT
FBR Capital analyst Susan Anderson reiterates an Outperform rating on Carter's (CRI) and adds the shares to her firm's Alpha Generator list. The 24% pullback since the company reported Q2 earnings provides a "good opportunity to get into a high-quality name," Anderson tells investors in a research note. The analyst removed lululemon (LULU) as a short from the Alpha Generator list but keeps an Underperform rating on the stock. Anderson expects continued pressure on lululemon shares from slowing same-store-sales.