Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Markets & Finance

Tucker Anthony Downgrades Gadzooks

Tucker Anthony downgraded Gadzooks Inc. (GADZ) and Pacific Sunwear (PSUN) to buy from strong buy and downgraded American Eagle (AEOS) to marker perform from strong buy.

Analyst Steven Richter says since early spring he's been positive toward most of the leading youth retailers. However, with the back-to-school transition about to occur next month, he's taking a more cautious approach towards the group because the retail environment remains fairly promotional, which is likely to prove challenging for many retailers.

Given the choppy outlook, Richter thinks Pacific Sunwear, Gadzooks and American Eagle are among those whose

risk/reward ratios are becoming less favorable. He says his favorites in the group remain Too, Inc. (Too), Venator Group (Z), and Abercrombie & Fitch (ANF). He thinks Shoe Carnival (SCVL) also is well positioned.

blog comments powered by Disqus