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Piper Jaffray reiterates its Neutral rating on AnnTaylor (ANN -1.8%), while keeping a wary tone...

Piper Jaffray reiterates its Neutral rating on AnnTaylor (ANN -1.8%), while keeping a wary tone on its prospects. "While we are encouraged with their stepped-up penetration of color across both brands in addition to a focus on affordability, we need to see consistent in-store execution before we reassess our rating."
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