UBS Maintains a Neutral rating on American Eagle Outfitters (AEO); Lowers Estimates Through 2011

November 27, 2009 10:24 AM EST

On Wednesday, UBS lowered its estimates on American Eagle (NYSE: AEO) for 2010-11. UBS maintained its 'Neutral' rating and $17 price target.

Shares of AEO are currently down 2% today.

(NOTE - Tuesday, American Eagle Outfitters Reported Inline Q3 Earnings; Comps Down 4%)

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