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Enter Symbol:
 
Aeropostale Inc (ARO) [hlAlert]

Rating:
Outperform
ARO
down 94.37 %

Aeropostale Inc (ARO) rated Outperform with price target $49 by Wedbush Morgan

Posted on: Friday,  Aug 21, 2009  8:25 AM ET by Wedbush Morgan

Wedbush Morgan rated Outperform Aeropostale Inc (NYSE: ARO) on 08/21/2009. Previously Wedbush Morgan rated Buy Aeropostale Inc (NYSE: ARO) on 06/18/2008.,
when the stock price was $22.41. Since then, Aeropostale Inc has lost 94.38% as of 12/03/2015's recent price of $1.26.
If you would have followed the previous Wedbush Morgan's recommendation on ARO, you would have lost 94.37% of your investment in 2724 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.

Since 1980, WEDBUSH has used its private equity discipline to invest in under-valued and capital constrained public and private companies that have a significant potential for appreciation. The firm invests with high quality management teams with domain expertise and expects management to retain or make a personally significant equity investment.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/21/2009 8:25 AM Buy
None
25.06 32.83
as of 12/31/2009
1 Week up  14.15 %
1 Month up  20.35 %
3 Months down  -12.78 %
1 YTD up  135.46 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/6/2009 8:25 AM Buy
None
15.55 16.08
1/9/2009 9:25 AM Buy
None
13.68 15.41
12/4/2008 9:25 AM Buy
None
10.17 12.06
10/9/2008 9:25 AM Buy
None
18.09 23.45
9/5/2008 9:25 AM Buy
None
23.39 26.80
6/18/2008 10:25 AM Buy
None
22.41 26.13

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