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Sam "Raven"

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Alias Born 04/10/2001

Sam "Raven"

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Tuesday, 05/07/2002 9:31:32 AM

Tuesday, May 07, 2002 9:31:32 AM

Post# of 928
Wouldn't ya know that ANN would get upgraded today...<g>

From Briefing:
Morgan Stanley upgrades to OVERWEIGHT from Equal-Weight; believes co is transitioning from a value play to a momentum story, driven by the reaccelerated rollout of the AnnTaylor Loft concept in 2003; comps should improve with easy comparisons at core AnnTaylor until Dec. Raises FY03 est to $2.15 from $2.12 and FY04 to $2.60 from $2.45; price target is $55.


Sam


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