Carter’s Gets a Hold Rating from Cowen & Co.


Cowen & Co. analyst John Kernan reiterated a Hold rating on Carter’s (NYSE: CRI) today and set a price target of $104. The company’s shares opened today at $108.25.

According to TipRanks.com, Kernan is a 3-star analyst with an average return of 2.5% and a 50.9% success rate. Kernan covers the Services sector, focusing on stocks such as Lululemon Athletica Inc, Dick’s Sporting Goods, and Ralph Lauren Corp.

Carter’s has an analyst consensus of Moderate Buy, with a price target consensus of $120.

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Carter’s’ market cap is currently $5.12B and has a P/E ratio of 17.46. The company has a Price to Book ratio of 5.98.

Based on the recent corporate insider activity of 66 insiders, corporate insider sentiment is neutral on the stock.

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Carter’s, Inc. engages in the marketing of apparel for babies and young children. It operates through the following segments: U.S. Retail, U.S. Wholesale, and International. The U.S. retail segment consists of sales of products in retail stores and e-commerce sites. The U.S. Wholesale segment includes sales of its products to wholesale accounts.

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