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The Dress Barn Inc. (DBRN) [hlAlert]

up 55.28 %

Dress Barn, Inc. (DBRN) rated Buy with price target $14 by Broadpoint Capital

Posted on: Tuesday,  Jan 8, 2008  8:25 AM ET by Broadpoint Capital

Broadpoint Capital rated Buy Ascena Retail Group (NASDAQ: ASNA) on 01/08/2008. Previously Broadpoint Capital rated Buy Ascena Retail Group (NASDAQ: ASNA) on
11/02/2007., when the stock price was $7.52. Since then, Ascena Retail Group has gained 55.29% as of 01/28/2016's recent price of $11.67.
If you would have followed the previous Broadpoint Capital's recommendation on ASNA, you would have gained 55.28% of your investment in 3009 days.

Dress Barn, Inc. operates a national chain of specialty stores offering career and casual fashion. The company has evolved from an off-price chain to a value-priced specialty retailer. The company distinguishes itself from (i) off-price retailers by its carefully edited selection of in-season, first-quality merchandise, service-oriented salespeople and its comfortable shopping environment, (ii) department stores by its value pricing and convenient locations and (iii) other specialty apparel retailers by its continuous focus on Dress Barn's target customer.

Broadpoint Capital, Inc. is an investment banking and capital markets firm that provides corporate and public finance services and trading of corporate, government, and municipal securities for institutions. The company has three divisions: Municipal Capital Markets division, which underwrites and trades municipal securities in new issue and secondary markets; Taxable Fixed Income division, which is a dealer focusing on fixed income securities with limited liquidity; and Equity Capital Markets division, which is a sector-focused investment banking group providing research, trading, raising of capital and advisory services for institutional and corporate clients. Broadpoint Capital, formerly known as First Albany Corporation, was founded in 1953 and is based in New York, New York. The company operates as a subsidiary of First Albany Companies Inc.
as of 1/1/0001
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(*) Stock Price at the time of the recommendation.
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