UPDATE: FBR Capital Markets Initiates Coverage on Aeropostale, Awaiting Positive Signs of Turnaround
October 02, 2013 at 09:24 AM EDT
In a report published Wednesday, FBR Capital Markets analyst Susan Anderson initiated coverage on Aeropostale (NYSE: ARO ) with a Market Perform rating and $10.00 price target. In the report, FBR Capital Markets noted, “We are initiating coverage of Aéropostale, Inc. (ARO) with a Market Perform rating and a 12-month