UPDATE: Piper Jaffray Downgrades rue21 on Announced Take-Out

By: Benzinga
In a report published on Thursday, Piper Jaffray analyst Stephanie S. Wissink Downgraded rue21 (NASDAQ: RUE ) from Overweight to Neutral and raised the price target on the company from $36 to $42. In the report, Piper Jaffray noted, "We are moving to a customary Neutral rating on RUE shares
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