Nov 23, 2009 (SmarTrend(R) News Watch via COMTEX) ----11/23/2009 - AnnTaylor Stores Corp. (NYSE:ANN) shares rose 4.3% following an upgrade to "overweight" from "market-weight," according to a Bloomberg report. The retailer was upgraded at Thomas Weisel Partners Group, which cited a "substantial opportunity" for Q4 and 2010. On Friday the company reported fiscal Q3 EPS of 20 cents per share, topping analyst estaimtes of 7 cents per share. Revenues fell 12% to $462.4 million, short of the consensus estimates of $473.9 millon.

Write to Chip Brian at cbrian@tradethetrend.com

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Copyright, Comtex News Network, Inc. 2009
   
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   As of Thursday, 11-19-2009 23:59, the latest Comtex SmarTrend� Alert, 
   an automated pattern recognition system, indicated a DOWNTREND on 
   10-28-2009 for ANN @ $13.74.
   
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