Evercore ISI Group Maintains In-Line on Carter's, Raises Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Warren Cheng maintains an In-Line rating on Carter's (NYSE:CRI) and raises the price target from $70 to $80.

February 28, 2024 | 5:12 pm
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POSITIVE IMPACT
Evercore ISI Group maintains an In-Line rating on Carter's and raises the price target from $70 to $80.
The increase in price target from $70 to $80 by Evercore ISI Group indicates a positive outlook on Carter's future performance. This adjustment suggests that the analyst sees potential for growth or improvement in the company's stock value, likely due to favorable market conditions, strong financial performance, or other positive factors. As a direct recommendation from a reputable analyst, this could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100