TJX, Kohl’s, American Eagle Are Buys In Brexit Turmoil: Stifel
June 24, 2016 at 11:58 AM EDT
With Brexit on everyone’s mind , Stifel takes a look at how the decision could affect the retail sector. Analyst Richard Jaffe writes that the market’s reaction to Brexit isn’t surprising, but he sees his coverage universe as “relatively insulated from the macro implications” as most derive their sales from the U.S. As such, he writes that today’s weakness presents a buying opportunity. Read More »