Taking this into account, Citigroup upgraded its Carters Inc [CRI] rating to a Neutral from a a Sell in a research note published recently. A number of analysts have revised their coverage, including Monness Crespi & Hardt’s analysts, who decreased its forecast for the stock in late February from “a Buy” to “a Neutral”. Wedbush also remained covering CRI and has decreased its forecast on January 26, 2023 with a “Neutral” recommendation from previously “an Outperform” rating. Citigroup revised its rating on May 23, 2022. It rated CRI as “a Sell” which previously was an “a Neutral”.
Price Performance Review of CRI
On Monday, Carters Inc [NYSE:CRI] saw its stock fall -1.13% to $35.96. Over the last five days, the stock has lost -3.28%. Carters Inc shares have fallen nearly -33.64% since the year began. Nevertheless, the stocks have fallen -49.58% over the past one year. While a 52-week high of $74.40 was reached on 01/06/25, a 52-week low of $32.12 was recorded on 04/09/25. SMA at 50 days reached $42.50, while 200 days put it at $55.29.
Levels Of Support And Resistance For CRI Stock
The 24-hour chart illustrates a support level at 35.20, which if violated will result in even more drops to 34.44. On the upside, there is a resistance level at 36.42. A further resistance level may holdings at 36.89. The Relative Strength Index (RSI) on the 14-day chart is 41.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 61.83%. Stochastics %K at 40.89% indicates the stock is a holding.
How much short interest is there in Carters Inc?
A steep rise in short interest was recorded in Carters Inc stocks on 2025-03-31, dropping by -0.64 million shares to a total of 4.27 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 4.91 million shares. There was a decline of -14.92%, which implies that there is a negative sentiment for the stock.
