American Eagle Outfitters (AEO) Tops Q3 EPS by 1c, Comps Increase 9%; Q4 EPS Guidance In-Line

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Cowen Reiterates Bullish View on American Eagle Outfitters (AEO) on Solid Execution

December 3, 2015 7:58 AM EST

Cowen reiterated an Outperform rating and $20.00 price target on American Eagle Outfitters (NYSE: AEO) following the company's 3Q earnings report. AEO's 3Q results were driven by strong comp & gross margin performance. Comps were +9% overall, with AE +8% and aerie +21%. Traffic was up y/y... More