Wells Fargo Maintains Equal-Weight on Carter's, Lowers Price Target to $30
Wells Fargo analyst Ike Boruchow maintains Carter's (NYSE:CRI) with a Equal-Weight and lowers the price target from $42 to $30.
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Top 3 Consumer Stocks Which Could Rescue Your Portfolio In September
Carter’s, Lucid and LCI Industries are oversold consumer discretionary stocks, with RSI near 30 and potential undervalued buying opportunities.
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8-K filing — CARTERS INC (CRI)
Filed: 2026-09-21 AccNo: 0001060822-26-000121 Size: 153 KB Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits
Carter's Growth Supported by Brands, Digital Efforts & Cost Savings
Carter's is implementing strategic initiatives including investments in core brands, e-commerce enhancements, omnichannel capabilities, and operational efficiency improvements to drive growth and offset tariff pressures. The company is also expanding its global presence through wholesale partnerships and licensing arrangements. Carter's shares have outperformed its industry despite recent declines, trading at a lower valuation multiple than peers.
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Morgan Stanley Maintains Underweight on Lucid Group, Lowers Price Target to $3
Morgan Stanley analyst Andrew Percoco maintains Lucid Group (NASDAQ:LCID) with a Underweight and lowers the price target from $5 to $3.
Lucid Stock Under Pressure as Analyst Sees Revenue, Margin Risks
RBC expects Lucid’s quarterly revenue to reach $351 million, below consensus, and anticipates weaker gross margins due to lower fixed-cost absorption.