Friedman Billings Upgrades American Eagle Outfitters (AEO) to Market Perform

June 30, 2008 9:55 AM EDT

Friedman Billings upgrades American Eagle Outfitters (NYSE: AEO) from Underperform to Market Perform, citing current valuation. Price target $15.

American Eagle Outfitters, Inc. is a retailer that designs, markets and sells its own brand of clothing targeting 15 to 25-year-olds in its United States and Canadian retail stores.


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