Citi Analyst Says Saks Could Be Worth $19/Share in Takeover
May 22, 2013 at 13:39 PM EDT
Citi's Deborah Weinswig boosted her price target on Saks (NYSE: SKS ) Wednesday morning as investors and traders are responding to a number of rumors. Shares of Saks were up around 14 percent throughout most of Wednesday's morning session; the stock spiked even higher just after noon amid a rumor