NEW YORK (TheStreet) -- Analysts at UBS (UBS) lowered their price target on Ann Inc. (ANN) to $45 from $48 on Monday based on valuation and margin pressure from the company's factor and outlet stores.
The firm also lowered its estimates on the women's apparel retailer for the 2014 second quarter to 81 cents per share from 88 cents per share.
Shares of Ann Inc. are up 0.28% to $38.98 on Monday.
Must Read: Warren Buffett's 25 Favorite Stocks
TheStreet Ratings team rates ANN INC as a Buy with a ratings score of B. TheStreet Ratings Team has this to say about their recommendation:
"We rate ANN INC (ANN) a BUY. This is driven by a number of strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, solid stock price performance, growth in earnings per share and increase in net income. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity."
Highlights from the analysis by TheStreet Ratings Team goes as follows: