Carter's Stock Rating Upgraded by Monness Crespi & Hardt

Investment firm boosts textile maker's rating to 'buy' with $45 price target

Published on Mar. 2, 2026

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Investment firm Monness Crespi & Hardt has upgraded Carter's (NYSE:CRI) stock from a 'neutral' rating to a 'buy' rating and set a $45.00 price target for the company. The upgrade comes as Carter's, a leading designer and marketer of infant and young children's apparel, looks to build on recent momentum.

Why it matters

The upgrade from Monness Crespi & Hardt is a positive sign for Carter's, which has seen its stock price fluctuate in recent months amid broader market volatility. The new 'buy' rating and price target suggest the firm believes Carter's is well-positioned for growth, which could boost investor confidence in the company.

The details

In its research note, Monness Crespi & Hardt cited Carter's recent financial performance and growth potential as reasons for the upgrade. The firm noted that Carter's has been able to navigate supply chain challenges and macroeconomic headwinds, positioning the company for a strong year ahead.

  • The upgrade was issued on Monday, March 2, 2026.

The players

Monness Crespi & Hardt

An investment firm that provides research and advisory services.

Carter's

A leading designer and marketer of infant and young children's apparel, headquartered in Atlanta, Georgia.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

The upgrade from Monness Crespi & Hardt is a positive sign for Carter's, as it suggests the firm believes the company is well-positioned for growth despite recent market volatility. This could boost investor confidence in the stock and signal that Carter's is navigating the current business environment effectively.