Men's Wearhouse upgraded to Outperform at Cowen

theflyonthewall.com

As reported previously, Cowen raised its rating on Men's Wearhouse (MW) to Outperform from Neutral following its acquisition of Joseph A. Bank (JOSB). The firm cite conservative cost synergies estimates and free cash flow. Cowen raised its price target on Men's Wearhouse to $65 from $52.

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