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Enter Symbol:
 
Aeropostale Inc (ARO) [hlAlert]

Rating:
Buy ARO
down 94.48 %

Aeropostale Inc (ARO) upgraded to Buy with price target $40 by Sterne Agee

Posted on: Friday,  May 22, 2009  9:25 AM ET by Sterne Agee

Sterne Agee rated Buy Aeropostale Inc (NYSE: ARO) on 05/22/2009, when the stock price was $22.83. Since
then, Aeropostale Inc has lost 94.48% as of 12/03/2015's recent price of $1.26.
If you would have followed this Sterne Agee's recommendation on ARO, you would have lost 94.48% of your investment in 2386 days.

Aeropostale, Inc. is a mall-based specialty retailer of casual apparel and accessories. The Company designs, markets and sells its own brand of merchandise principally targeting 14 to 17 year-old young women and young men. The Company also sells Aeropostale merchandise through its e-commerce Website, www.aeropostale.com. As of January 31, 2009, it operated 914 stores, consisting of 874 Aeropostale stores in 48 states and Puerto Rico, 29 Aeropostale stores in Canada, and 11 Jimmy?Z stores in 10 states. The Company locates its stores primarily in shopping malls, outlet centers and, to a much lesser degree, lifestyle and off-mall shopping centers. The Company has developed a new retail store concept called P.S. from Aeropostale, which will offer casual clothing and accessories focusing on elementary school children between the ages of seven and 12. It offers a focused collection of apparel, including graphic t-shirts, tops, bottoms, sweaters, jeans, outerwear and accessories.

For more than a century, Sterne Agee has worked in the belief that succeed only when our clients thrive. For a brokerage firm to survive for more than 100 years is hard enough. One can only thrive that long, though, by ensuring that your clients thrive first. Sterne Agee is one of the oldest and largest privately held brokerage firms left in the industry. Sterne Agee is a member of the New York Stock Exchange, and a registered Broker Dealer. Sterne Agee offers clients all the advantages of a full-service firm, yet retain the flexibility and personal attention that are rarely found in the huge names. Sterne Agee's expertise includes retail and institutional brokerage; investment banking and underwriting; secondary trading of corporate, municipal, and government securities; and market making in over-the-counter stocks.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/22/2009 9:25 AM Buy
None
22.83 26.80
as of 12/31/2009
1 Week up  14.15 %
1 Month up  20.35 %
3 Months down  -12.78 %
1 YTD up  34.52 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/20/2009 9:25 AM Hold
None
20.10
3/11/2009 8:25 AM Buy
None
16.31 20.77

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