Zale may prosper in downturn - Barron's

NEW YORK, April 20 (Reuters) - Zale Corp (ZLC.N) may prosper in a downturn, weekly publicication Barron's said on Sunday, as the jeweler with brands including Piercing Pagoda, Gordon's and Mappins, represents the low end of the high end.

It quotes Matthew Kaufler, a portfolio manager at Clover Capital Management, as predicting the shares will go at least 25 percent higher. (Reporting by Megan Davies; Editing by Jan Paschal)