Wednesday, March 14, 2012

Goldman Sachs analyst lowers Aeropostale rating

A Goldman Sachs analyst lowered her rating on Aeropostale Inc. Friday, saying the apparel retailer's stock will likely start to slow as competitors make headway.

Analyst Michelle Tan said the chain's shares have bested its rivals by 35 percent for the year to date, but that the gap may narrow on easing comparisons and improving inventory.

Tan said Aeropostale's inventory is not as trim as it was during the first …

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