Wunderlich Reiterates Cherokee Buy Rating; Lowers PT to $18 from $26 (NASDAQ:CHKE)


The stock decreased 4.29% or $0.43 on September 13, hitting $9.59. About 71,469 shares traded hands or 94.75% up from the average. Cherokee Inc (NASDAQ:CHKE) has declined 38.49% since February 8, 2016 and is downtrending. It has underperformed by 54.98% the S&P500.

Cherokee Inc. is a marketer and manager of a portfolio of fashion and lifestyle brands it owns or represents, licensing the Cherokee, Liz Lange, Completely Me by Liz Lange, Hawk, Tony Hawk, Sideout, Carole Little, Everyday California , Flip Flop Shops and ale by alessandra brands and related brands in various consumer product categories and sectors. The company has a market cap of $81.44 million. The Firm operates in the segment of marketing and licensing of brand names and trademarks for apparel, footwear and accessories. It has a 12.04 P/E ratio. It is a licensor of style focused lifestyle brands for apparel, footwear, home products and accessories.

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