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Enter Symbol:
 
Saks Incorporated (SKS) [hlAlert]

Rating:
Hold SKS
down 2.09 %

Saks Incorporated (SKS) downgraded to Hold by Argus

Posted on: Friday,  May 24, 2013  8:25 AM ET by Argus

Argus rated Hold Saks Incorporated (NYSE: SKS) on 05/24/2013. Previously Argus rated Buy Saks Incorporated (NYSE: SKS) on 05/22/2013., when
the stock price was $15.74. Since then, Saks Incorporated has lost 2.10% as of 05/24/2013's recent price of $15.41.
If you would have followed the previous Argus's recommendation on SKS, you would have lost 2.09% of your investment in 2 days.

PERFICIENT INC helps clients acquire and strengthen customer relationships, reduce costs and empower employees by creating an Enabled Enterprise. Through their Enabled Enterprise solutions, Global 3000 companies can drive dramatic return-on-investment by unlocking the power of their existing enterprise resource planning and legacy systems.

Argus Research is an independent research firm, and our business is producing, distributing and marketing high-quality investment and economic research. Our recommendations - BUY, HOLD and SELL - reflect the judgment of an analyst about a company's prospects as an investment in terms of value, expected growth and risks. Argus Research does not bring companies public, advise companies on mergers and acquisitions, broker trades, make markets in stocks or manage money. Our independence allows us to make critical judgments about companies that we might not be so free to make were we competing for a firm's underwriting business. Because we're not a broker/dealer, we don't have "inventory" of a stock that we have to move with a tainted recommendation. We have developed a six-point system for analyzing the stocks in our Universe of Coverage. We believe that this system
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/24/2013 8:25 AM Hold
None
15.41
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD up  46.62 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/22/2013 9:25 AM Buy
None
15.74 16.00
2/13/2009 8:25 AM Buy
None
1.92 4.00

(*) Stock Price at the time of the recommendation.
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