By: Benzinga
UPDATE: Piper Jaffray Downgrades Aeropostale to Neutral, Lowers PT
In a report published Friday, Piper Jaffray & Co. downgraded its rating on Aeropostale (NYSE: ARO ) from Overweight to Neutral, and lowered its price target from $15.00 to $13.00. Piper Jaffray noted, “Amid further deceleration in underlying business trends, we are heavily conflicted in our view. Near-term revenue stability
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