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Culp, Inc. (CULP) Reaches $26.45 After 5.00% Down Move; 4 Bullish Analysts Covering Corus Entertainment Inc. (TSE:CJR.B)

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The stock of Culp, Inc. (NYSE:CULP) is a huge mover today! The stock decreased 13.98% or $4.298 during the last trading session, reaching $26.452. About 158,647 shares traded or 941.06% up from the average. Culp, Inc. (NYSE:CULP) has declined 0.64% since June 14, 2017 and is downtrending. It has underperformed by 13.21% the S&P500. Some Historical CULP News: ; 08/03/2018 – CULP INC – CURRENTLY EXPECTS TO FUND ACQUISITION WITH CASH AND INVESTMENTS ON HAND WITHOUT INCURRING ANY ADDITIONAL DEBT; 08/03/2018 Culp Announces Definitive Agreement To Acquire Source For Custom Window Treatments Designed For Hospitality Market; 08/03/2018 – CULP REPORTS DEFINITIVE PACT TO BUY READ WINDOW PRODUCTS; 08/03/2018 – CULP: PACT TO BUY SOURCE FOR CUSTOM WINDOW TREATMENTS DESIGNED; 08/03/2018 – Culp Inc. to Acquire Read Window Products; 08/03/2018 – BRIEF-Culp To Buy Source For Custom Window Treatments; 08/03/2018 – Culp Inc Expects to Fund Acquisition With Cash and Investments on Hand; 23/04/2018 – DJ Culp Inc, Inst Holders, 1Q 2018 (CULP)The move comes after 7 months negative chart setup for the $329.33 million company. It was reported on Jun, 14 by We have $25.13 PT which if reached, will make NYSE:CULP worth $16.47M less.

Among 6 analysts covering Corus Entertainment Inc. (TSE:CJR.B), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Corus Entertainment Inc. had 29 analyst reports since August 27, 2015 according to SRatingsIntel. National Bank Canada downgraded the stock to “Sector Perform” rating in Friday, June 24 report. The firm earned “Sector Perform” rating on Tuesday, June 27 by RBC Capital Markets. The firm has “Outperform” rating given on Thursday, March 30 by Scotia Capital. The rating was maintained by RBC Capital Markets with “Sector Perform” on Tuesday, April 4. RBC Capital Markets maintained Corus Entertainment Inc. (TSE:CJR.B) on Thursday, October 20 with “Sector Perform” rating. Scotia Capital maintained Corus Entertainment Inc. (TSE:CJR.B) rating on Thursday, January 12. Scotia Capital has “Outperform” rating and $15.50 target. The firm has “Buy” rating given on Friday, October 6 by Desjardins Securities. The firm earned “Market Perform” rating on Friday, April 7 by BMO Capital Markets. Scotia Capital upgraded the shares of CJR.B in report on Thursday, January 5 to “Outperform” rating. TD Securities maintained Corus Entertainment Inc. (TSE:CJR.B) on Thursday, January 5 with “Buy” rating. See Corus Entertainment Inc. (TSE:CJR.B) latest ratings:

More notable recent Culp, Inc. (NYSE:CULP) news were published by: which released: “Culp Announces Results for Fourth Quarter and Fiscal 2018” on June 13, 2018, also with their article: “CULP, INC. TO BROADCAST FOURTH QUARTER AND FISCAL 2018 CONFERENCE CALL LIVE ON THE INTERNET” published on June 08, 2018, published: “8 Stocks To Watch For June 14, 2018” on June 14, 2018. More interesting news about Culp, Inc. (NYSE:CULP) were released by: and their article: “23 Stocks Moving In Thursday’s Pre-Market Session” published on June 14, 2018 as well as‘s news article titled: “5 Stocks Moving In Wednesday’s After-Hours Session” with publication date: June 13, 2018.

Culp, Inc. manufacturers, sources, markets, and sells mattress fabrics, sewn covers, and cut and sewn kits for use in mattresses, foundations, and other bedding products in North America, the Far East, Asia, and internationally. The company has market cap of $329.33 million. It operates through two divisions, Mattress Fabrics and Upholstery Fabrics. It has a 23.24 P/E ratio. The Mattress Fabrics segment offers woven jacquard, knitted, and converted fabrics for use in the production of bedding products, including mattresses, box springs, foundations, and bed components.

The stock decreased 3.92% or $0.26 during the last trading session, reaching $6.375. About 551,863 shares traded. Corus Entertainment Inc. (TSE:CJR.B) has 0.00% since June 14, 2017 and is . It has underperformed by 12.57% the S&P500.

Corus Entertainment Inc., a media and content company, operates specialty and conventional television networks, and radio stations in Canada and internationally. The company has market cap of $1.33 billion. It operates through two divisions, Television and Radio. It has a 6.14 P/E ratio. The Television segment operates 45 specialty television networks and 15 conventional television stations.

Culp, Inc. (NYSE:CULP) Institutional Positions Chart

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