Agee & Leach

Sterne Agee reiterates Neutral Rating but is adjusting Price Target with a Low Valuation Noted on Christopher & Banks Corporations (NYSE: CBK). CBK current valuation appears to limit any downside with cash as a percentage of market value at 48% and its FCF yield well above their peer group....

In an interview with CNBC, Arvind Bhatia, video game, and entertainment analyst at Sterne, Agee & Leach, said video game stocks are set to rise this year after a disappointing 2009. Bhatia said that while the poor performance of game stocks in 2009 was reflective of the discretion shown by...