KeyCorp Upgrades Ann Inc (ANN) to “Overweight”
Ann Inc (NYSE:ANN) was upgraded by equities researchers at KeyCorp to an “overweight” rating in a research report issued to clients and investors on Saturday. The brokerage currently has a $50.00 target price on the specialty retailer’s stock. KeyCorp’s target price indicates a potential upside of 11.38% from the company’s previous close.
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Ann Company Profile
ANN INC., through its wholly owned subsidiaries, is a specialty retailer of women’s apparel, shoes and accessories sold primarily under the Ann Taylor and LOFT brands. The Company operates in four segments: Ann Taylor, LOFT, Ann Taylor Factory and LOFT Outlet. The Company operates approximately 1,030 retail stores in 47 states of the United States, the District of Columbia, Puerto Rico and Canada, comprising 245 Ann Taylor stores, 537 LOFT stores, 116 Ann Taylor Factory stores, 127 LOFT Outlet stores and five Lou & Grey stores.
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