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New York & Company, Inc. (NWY) [hlAlert]

Rating:
Underperform
NWY
down 54.23 %

New York & Company, Inc. (NWY) downgraded to Underperform with price target $4 by CL King

Posted on: Monday,  Oct 13, 2008  12:25 PM ET by CL King

CL King rated Underperform New York & Company, Inc. (NYSE: NWY) on 10/13/2008. Previously CL King rated Strong Buy New York & Company, Inc.
(NYSE: NWY) on 09/24/2008., when the stock price was $9.57. Since then, New York & Company, Inc. has lost 54.23% as of 10/13/2008's recent price of $4.38.
If you would have followed the previous CL King's recommendation on NWY, you would have lost 54.23% of your investment in 19 days.

New York & Company, Inc. is a leading specialty retailer of fashion-oriented, moderately-priced women's apparel. The Company's proprietary branded New York & Company merchandise is sold exclusively through its national network of retail stores.

CL King research analysts "Discover the Uncovered." Our analysts seek out small- and mid-cap companies that may be ignored by other Wall Street research providers, identifying value and growth that may be unrecognized by institutional equity investors. Our goal is to generate superior absolute returns while minimizing downside risk.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/13/2008 12:25 PM Sell
None
4.38 4.00
as of 12/24/2008
1 Week down  -14.02 %
1 Month down  -75.26 %
3 Months up  128.74 %
1 YTD down  -67.47 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/24/2008 9:25 AM Buy
None
9.57 11.00
8/18/2008 9:25 AM Buy
None
10.39 12.00
6/23/2008 9:25 AM Buy
None
9.12 11.00
5/14/2008 11:25 AM Buy
None
7.84 9.00
3/24/2008 9:25 AM Buy
None
6.31 7.00

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