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Friday, Aug 31
2012, 11:27 AM
Nomura takes another look at the retail sector after August sales reports came in strong....
Nomura takes another look at the retail sector after August sales reports came in strong. Analyst Paul Lejuez sees the momentum built up in August carrying through until September and possibly into Q4. In particular, Lejuez calls out Gap (GPS +0.2%) for its EPS upside potential and backs Nordstrom (JWN +0.9%) along with American Eagles Outfitters (AEO -0.3%) as his sector favorites.