CHARMING SHOPPE (CHRS) Downgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research downgraded shares of CHARMING SHOPPE (CHRS) from OUTPERFORM to NEUTRAL on May 29, 2012, with a target price of $7.70.

Charming Shoppes operates women's specialty apparel stores under the names Fashion Bug, Fashion Bug Plus, Catherine's, PS.Plus Sizes, Added Dimensions, The Answer, and Modern Woman. They respond to the needs of their customers by providing a variety of choices in merchandise assortment. They also offer an assortment of both casual and career-oriented products. Merchandise that complements these areas, such as accessories, intimate apparel, and footwear, are also featured.

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