CHEROKEE INC (CHKE) Upgraded by Zacks to NEUTRAL

Zacks Zacks Investment Research upgraded shares of CHEROKEE INC (CHKE) from UNDERPERFORM to NEUTRAL on November 26, 2012, with a target price of $14.50.

Cherokee Inc. is a marketer and licensor of Cherokee and Sideout brand products, is continuing its negotiations for domestic and international licensing contracts covering multiple categories of merchandise. Cherokee currently has licensing agreements in many categories, including family apparel and fashion accessories, as well as luggage, cosmetics and footwear. (PRESS RELEASE)

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