Baby apparel maker Carter's (CRI) gains 1.8% thanks to an upgrade to Buy from Goldman. The firm,...

|By:, SA News Editor

Baby 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.