BMO Capital initiates Carter’s stock coverage with outperform rating
BMO Capital initiated coverage on Carter’s Inc. (NYSE:CRI) with an outperform rating and a $40.00 price target. The firm expects benefits from new leadership, improved wholesale mix, and lower tariffs. CRI trades at $32.28, with a P/E ratio of 6.06, and analysts anticipate earnings growth. The company recently reported Q2 2026 earnings of $0.26 per share, beating estimates, but faces wholesale demand challenges and margin pressures.

