<div id="readability-page-1"><p><span>Carter's (NYSE:CRI - Get Free Report)</span> was upgraded by investment analysts at Zacks Research from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research report issued on Tuesday,Zacks.com reports.</p><p>Other equities research analysts have also issued reports about the stock. Wells Fargo &amp; Company upped their price target on shares of Carter's from $22.00 to $25.00 and gave the company an &#34;underweight&#34; rating in a report on Tuesday, October 28th. The Goldman Sachs Group initiated coverage on Carter's in a report on Thursday, December 11th. They issued a &#34;sell&#34; rating and a $26.00 price objective for the company. UBS Group upped their target price on Carter's from $26.00 to $33.00 and gave the stock a &#34;neutral&#34; rating in a research note on Tuesday, October 28th. Barclays lifted their price target on Carter's from $23.00 to $26.00 and gave the company an &#34;underweight&#34; rating in a research report on Tuesday, October 28th. Finally, Citigroup upped their price objective on Carter's from $28.00 to $34.00 and gave the stock a &#34;neutral&#34; rating in a research report on Tuesday, October 28th. Three analysts have rated the stock with a Hold rating and four have issued  a Sell rating to the stock. Based on data from MarketBeat, Carter's currently has an average rating of &#34;Strong Sell&#34; and a consensus target price of $28.80.</p><p><b>Get Our Latest Analysis on CRI</b></p><h2>Carter's Trading Down 1.8%</h2><p>Carter's stock opened at $32.10 on Tuesday. The stock has a 50-day moving average price of $31.30 and a 200 day moving average price of $30.00. The company has a market capitalization of $1.17 billion, a price-to-earnings ratio of 12.99 and a beta of 1.08. Carter's has a 52 week low of $23.38 and a 52 week high of $56.89. The company has a quick ratio of 0.95, a current ratio of 2.26 and a debt-to-equity ratio of 0.58. </p><p>Carter's (NYSE:CRI - Get Free Report) last issued its quarterly earnings results on Monday, October 27th. The textile maker reported $0.74 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.04). Carter's had a return on equity of 16.71% and a net margin of 3.15%.The business had revenue of $757.84 million during the quarter, compared to analyst estimates of $760.11 million. During the same quarter last year, the company posted $1.64 EPS. Carter's's quarterly revenue was down .1% compared to the same quarter last year.  Sell-side analysts anticipate that  Carter's will post 5.15 EPS for the current year. </p><h2>Hedge Funds Weigh In On Carter's</h2><p>Several hedge funds and other institutional investors have recently added to or reduced their stakes in CRI. Signaturefd LLC boosted its holdings in  Carter's by 269.0% in the 2nd quarter. Signaturefd LLC now owns 1,000 shares of the textile maker's stock worth $30,000 after buying an additional 729 shares during the last quarter.  Caitong International Asset Management Co. Ltd boosted its position in  Carter's by 555.9% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,115 shares of the textile maker's stock worth $31,000 after acquiring an additional 945 shares during the last quarter.  Hantz Financial Services Inc. raised its holdings in  Carter's by 1,208.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,295 shares of the textile maker's stock valued at $37,000 after acquiring an additional 1,196 shares during the last quarter.  Versant Capital Management Inc grew its position in shares of  Carter's by 135.4% in the third quarter. Versant Capital Management Inc now owns 1,415 shares of the textile maker's stock valued at $40,000 after purchasing an additional 814 shares in the last quarter.  Finally, EverSource Wealth Advisors LLC boosted its stake in  Carter's by 202.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,486 shares of the textile maker's stock worth $45,000 after buying an additional 995 shares during the last quarter. </p><h2>Carter's Company Profile</h2> (Get Free Report)<p>Carter's, Inc engages in the business of brand marketing of young children's apparel. It operates through the following segments: the United States (US) Retail, US Wholesale, and International. The US Retail segment includes selling products through retail stores and ecommerce websites. The US Wholesale segment focuses on wholesale partners.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Carter's</li><li>Financial Services Stocks Investing</li><li>Rate Cuts Make These 3 Income ETFs More Attractive Than Ever</li><li>How to Choose Top Rated Stocks</li><li>Post 35% Surge, Analysts Eye More Upside in Copper Giant Freeport</li><li>Investing In Automotive Stocks</li><li>Why a SpaceX IPO Could Be a Major Catalyst for GOOGL Stock</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNSSQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUNSSQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Carter's Right Now?</h2><p>Before you consider Carter's, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Carter's wasn't on the list.</p><p>While Carter's currently has a Strong Sell rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Zacks Research upgraded Carter's (NYSE:CRI) from a "strong sell" to a "hold" rating. Other analysts have mixed ratings, with some maintaining "sell" and others "neutral" ratings. Carter's stock is trading at $32.10, with a market cap of $1.17 billion. Recent earnings missed estimates, and revenue slightly declined. Hedge funds have adjusted their positions in Carter's. The company focuses on children's apparel through retail, wholesale, and international segments.</p>

Carter's (NYSE:CRI) Raised to Hold at Zacks Research