By  on May 14, 2018

Investors were ready for a more bullish take on Tailored Brands Inc.

Shares of the men’s wear retailer shot up 10.5 percent to $34.90 in midday trading Monday after Jefferies analyst Randal Konik upgraded his stance on the stock to “buy” from “hold,” seeing potential in both the company’s custom suit business and a Jos. A. Bank revival.

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