FBR Downgrades Abercrombie & Fitch (ANF) to Market Perform
More News related to ANF
- Notable Analyst Rating Changes 11/16: COH, JWN, GNK, ESEA, SVA, YGE Upgraded; PARD, GPS, JCP, DLTR Downgraded
- Caris & Co Upgrades Abercrombie & Fitch (ANF) to Average
- Highlights From ANF's Q3 Conference Call: Net Sales Declined 15%, Comp Store Sales Fell 22%
- While Sales Fall, Abercrombie and Fitch (ANF) Posts Better-Than-Expected EPS
- Abercrombie & Fitch (ANF) Beats Q3 Views by 10c, Posts non-GAAP EPS of $0.30
Friedman Billings Ramsey downgrades Abercrombie & Fitch (NYSE: ANF) from Outperform to Market Perform.
This morning's downgrade follows Abercrombie's same store sales results for the month of May, which were issued yesterday. The teen retailer reported a dramatic 28% drop in comps for the month, sending its shares tumbling more than 11%.
Click here or go to http://www.streetinsider.com/stock_lookup_news.php?q=anf&type=analyst to see all the analyst action on shares of Abercrombie.
Abercrombie & Fitch Co., through its subsidiaries, operates as a specialty retailer of casual sportswear apparel for men, women, and kids.
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