By: Benzinga
UPDATE: J.P. Morgan Raises PT on Ascena Retail Group Following CHRS Acquisition
In a report published Wednesday, J.P. Morgan reiterated its Neutral rating on Ascena Retail Group (NASDAQ: ASNA ), and raised its price target from $18.00 to $19.00. J.P. Morgan noted, “With the CHRS acquisition adding further concepts to the company's growing portfolio, ASNA is not just a missy retailer anymore,
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