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Fly News Breaks for August 29, 2017
CRI
Aug 29, 2017 | 07:38 EDT
Macquarie analyst Laurent Vasilescu initiated Carter's with an Outperform and a $100 price target due to revenue growth initiatives, especially International and China, improved gross margins from direct sourcing efforts, increasing DTC exposure, and efforts to improved OshKosh retail through co-branded stores with the Carter's brand.
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