By  on March 11, 2008

Despite Aéropostale Inc.'s 7 percent jump in February same-store sales, Citigroup analyst Kimberly Greenberger downgraded shares of the retailer to sell from hold.

Greenberger cited concerns about growing inventory levels amid slowing consumer spending. She cut her price target to $24 from $28 a share. The stock price plummeted 9.07 percent Monday to close at $24.17 in New York Stock Exchange trading.

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