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Standpoint Research Upgrades Abercrombie & Fitch (ANF) to Buy, Sees 35% Upside

July 5, 2013 10:38 AM EDT
Get Alerts ANF Hot Sheet
Price: $115.71 -3.34%

Rating Summary:
    10 Buy, 25 Hold, 5 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 12 | Down: 10 | New: 14
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Standpoint Research upgraded Abercrombie & Fitch (NYSE: ANF) from Hold to Buy with a price target of $65.00, suggesting 35% upside.

Analyst Ronnie Moas states, "In my opinion, looking out to 2015-2016, ANF could deliver $5.5 bln in revenue, EPS of $5.00 with a 6.5% net profit margin."

For an analyst ratings summary and ratings history on Abercrombie & Fitch click here. For more ratings news on Abercrombie & Fitch click here.

Shares of Abercrombie & Fitch closed at $47.55 yesterday.


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