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True Religion Apparel, AŞ Message Board

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  • gwconcord gwconcord Feb 28, 2011 11:17 AM Flag

    funny downgrade while raising price target

    The link I posted indicated they just lowered it from outperform.

    With their $25 price target, if TRLG meets its guidance, and if it also adds a similar amount of cash to its balance sheet this year as last year, if you deduct the current and future cash, the forward p/e would be under 10.

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    • well to be honest if they were to base it on the current guidance it is a hold stock meaning it will hold its price and move with the market, as it seems this year is a building year to set up good numbers in 2012... as long as i didn't see an underperform or sell rating im good :P

      gives me a chance to add more during this year... :P