Citigroup Maintains Sell on Carter's, Raises Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Lejuez has maintained a 'Sell' rating on Carter's (NYSE:CRI) but raised the price target from $60 to $63.
July 21, 2023 | 3:37 pm
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Citigroup has maintained a 'Sell' rating on Carter's but raised the price target from $60 to $63.
The 'Sell' rating maintained by Citigroup indicates a negative outlook for Carter's. However, the increase in price target from $60 to $63 suggests that the analyst sees some upside potential. This mixed signal could create uncertainty among investors, potentially leading to short-term price volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100