Abercrombie & Fitch (ANF) Misses Q4 EPS by 2c; Comps Fell 10%; Provides FY15 Outlook
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Go back to Abercrombie & Fitch (ANF) Misses Q4 EPS by 2c; Comps Fell 10%; Provides FY15 Outlook
March 5, 2015 6:33 AM EST
Nomura Securities downgraded Abercrombie & Fitch (NYSE: ANF) from Buy to Neutral with a price target of $19.00 (from $28.00) as they await evidence of a turn.
Analyst Simeon Siegel comments, "We are downgrading shares of ANF from Buy to Neutral following 4Q... More
March 4, 2015 1:43 PM EST
Topeka Capital downgraded Abercrombie & Fitch (NYSE: ANF) from Hold to Sell with a price target of $18.00 (from $26.00). Analyst Dorothy S. Lakner pointed to challenges with its turnaround and a tough environment.
"We are reducing our rating on ANF from Hold to Sell given the... More
March 4, 2015 10:20 AM EST
Abercrombie & Fitch Co. (NYSE: ANF) shares are lower following Q4 results and outlook. Stifel maintains its Hold rating on the stock amid today's report.
Analyst Richard Jaffe noted that Abercrombie & Fitch's adjusted EPS was in-line with expectations and compared with $1.34 reported in the same period last year. Merchandise misses, foreign exchange pressure, and a tough comparison due to anniversarying in the logo business contributed to the dip in profit.
Jaffe also offered the following key... More
