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Telsey Advisory Group Raises 12 Month Price Target on ANF and KSS Given Solid Outlook for Sales and Margins

Wed Oct 04 13:21:01 -0400 2006

Dow Jones Newswires (New York)

- Telsey Advisory Group(TAG), an independent research firm founded by Dana Telsey, one of Wall Street’s leading retail analysts to provide in-depth coverage of the retail industry, today announced it has increased its price targets on two of its 38 retail companies under coverage.

Dana Telsey, TAG’s Chief Research Officer, pointed to the store’s impressive full-price back-to-school performance as a bellwether to sustaining its leadership position in the Gen Y space. “The company looks like it’s building on last year’s denim rush with a continuous new product flow this fall, ” she said.

To view the full article, download the PDF here: Dow Jones Newswires, October 4, 2006