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Fly News Breaks for January 4, 2016
CRI
Jan 4, 2016 | 06:43 EDT
Oppenheimer analyst Anna Andreeva upgraded Carter's to Outperform saying the company's dominant market share in the niche baby category will benefit as birth rates turn positive. While apparel remains challenging, "strong everyday brands" will win in 2016, Andreeva tells investors in a research note. She raised her price target for the shares to $108 from $90.
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