Abercrombie & Fitch (ANF) May weekly volatility at high end of historic range into Q1
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Cowen Cuts Price Target on Abercrombie & Fitch (ANF) Following 1Q
May 26, 2016 4:42 PM EDTCowen maintained a Market Perform rating on Abercrombie & Fitch (NYSE: ANF), and cut the price target to $20.00 (from $25.00), following the company's 1Q earnings report. ANF's reported a -4% comp driven primarily by significant traffic headwinds both in int'l & flagship/tourist stores.
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