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Despite Sale, Analysts Still Knocking Talbots
Despite more upbeat news this week from Talbots(TLB Quote), the retailer remains at best a sideline bet -- at least according to a few analysts, who knocked the stock in notes today.
The sale of J.Jill chain and better-than-expected earnings was not enough for FBR Capital Markets analysts Adrienne Tennant, who downgraded the retailer to market perform from outperform.
The news sent shares down 5% to $4.76 in morning trading. ...
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