Macquarie cautious on Carter's

|By:, SA News Editor

Macquarie downgrades Carter's (NYSE:CRI) to a Neutral rating from Outperform on concerns that international initiatives will take longer then forecast to feed the retailer's bottom line.

CRI -0.17% premarket to $97.66 vs. a 52-week trading range of $88.98 to $129.00.

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