ASCENA RETAIL (ASNA) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of ASCENA RETAIL (ASNA) from NEUTRAL to UNDERPERFORM on September 11, 2012, with a target price of $19.90.

Ascena Retail Group, Inc, formerly known as The Dress Barn, Inc., operates as a national specialty retailer of apparel for women and girls under the Dressbarn, Maurices and Justice brands. Its Dressbarn stores offer casual, career and special occasion fashion apparel and accessories Maurices stores offer casual and career apparel and accessories and Justice stores offer trend-right apparel and accessories. Ascena Retail Group, Inc. is based in Suffern, New York.

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