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Baby apparel maker Carter's (CRI) gains 1.8% thanks to an upgrade to Buy from Goldman. The firm,...
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Tuesday, December 6, 2011, 8:24 AM ETBaby apparel maker Carter's (CRI) gains 1.8% thanks to an upgrade to Buy from Goldman. The firm, which is also lifting its PT to $46, believes Carter's is "in the early stages of raising prices in its wholesale business," so as to offset rising costs. P-E firm Berkshire Partners owns a large stake in Carter's, and has been looking to make its presence felt.
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