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Christopher & Banks Corporation (CBK) [hlAlert]

Rating:
Buy CBK
down 74.02 %

Christopher & Banks Corporation (CBK) upgraded to Buy with price target $8.50 by Sterne Agee

Posted on: Monday,  Nov 2, 2009  9:25 AM ET by Sterne Agee

Sterne Agee rated Buy Christopher & Banks Corporation (NYSE: CBK) on 11/02/2009, when the stock price was $6.43.
Since then, Christopher & Banks Corporation has lost 74.03% as of 12/23/2015's recent price of $1.67.
If you would have followed this Sterne Agee's recommendation on CBK, you would have lost 74.02% of your investment in 2242 days.

Christopher & Banks Corporation (Christopher & Banks) is a retailer of women?s apparel, which operates retail stores through its wholly owned subsidiaries. As of May 1, 2009, the Company operated 814 stores in 46 states, including 547 Christopher & Banks stores, and 267 C.J. Banks stores. The Company also operates two e-commerce enabled Websites for its two brands at www.christopherandbanks.com and www.cjbanks.com. The Company?s Christopher & Banks brand offers women?s apparel in sizes 4 to 16 in its 547 stores and on its Website at www.christopherandbanks.com. In addition, petite sizes are offered in approximately 300 of the Company?s Christopher & Banks stores. The Company?s C.J. Banks brand offers similar assortments of women?s apparel in sizes 14W to 24W in its 267 stores and on its Website at www.cjbanks.com. Approximately 350 of the Company?s stores also offer a selection of accessories to compliment its apparel assortments.

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
11/2/2009 9:25 AM Buy
None
6.43 8.50
as of 12/31/2009
1 Week down  -18.82 %
1 Month up  4.20 %
3 Months down  -7.46 %
1 YTD down  -7.46 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/26/2008 10:25 AM Hold
None
8.11 7.50
9/23/2008 9:25 AM Hold
None
10.00 11.00
6/27/2008 9:25 AM Buy
None
8.04 11.00
4/10/2008 9:25 AM Buy
None
10.83 13.00
2/7/2008 11:25 AM Buy
None
11.40 15.00

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