Merrill Lynch Downgrades Abercrombie & Fitch (ANF) to Underperform

September 5, 2008 2:07 PM EDT

Merrill Lynch downgrades Abercrombie & Fitch (NYSE: ANF) from Buy to Underperform.

Abercrombie & Fitch Co. (A&F, through its subsidiaries, is a specialty retailer that operates stores and Websites selling casual sportswear apparel, including knit and woven shirts, graphic t-shirts, fleece, jeans and woven pants, shorts, sweaters, outerwear, personal care products and accessories.


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