Raymond James Starts Gap, Aeropostale at Outperform, A&F, American Eagle at Market Perform (GPS, ARO, ANF, AEO)

September 2, 2009 10:27 AM EDT

Raymond James initiated coverage on several retail stocks this morning:

  • Gap (NYSE: GPS) at Outperform
  • Aeropostale (NYSE: ARO) at Outperform
  • Abercrombie & Fitch (NYSE: ANF) at Market Perform
  • American Eagle Outfitters (NYSE: AEO) at Market Perform
Retail stocks are moving slightly lower today. The SPDR S&P Retail ETF (NYSE: XRT) is down 0.3% and the Retail HOLDRs ETF (NYSE: RTH) is down 0.2%.


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New Coverage

Stocks Mentioned

AEO 18.74

+0.03 +0.16%
Volume: 4,638,624
Track AEO

ANF 43.12

-0.35 -0.81%
Volume: 2,537,832
Track ANF

ARO 28.18

+1.13 +4.18%
Volume: 7,147,643
Track ARO

GPS 22.80

+0.12 +0.53%
Volume: 5,175,044
Track GPS

RTH 98.79

+0.45 +0.46%
Volume: 3,372,520
Track RTH

XRT 40.19

+0.32 +0.80%
Volume: 13,304,938
Track XRT


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