Friedman Billings Upgrades Abercrombie & Fitch (ANF) to Outperform

September 30, 2008 7:36 AM EDT

Friedman Billings upgrades Abercrombie & Fitch (Nasdaq: ANF) from Market Perform to Outperform. Price target $45.

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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