Abercrombie, Gap forecasts signal tough holiday quarter for retailers
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UBS Cuts Price Target on Abercrombie & Fitch (ANF) Following 3Q Miss
November 21, 2016 8:57 AM ESTUBS maintained a Neutral rating on Abercrombie & Fitch (NYSE: ANF), and cut the price target to $15.00 (from $18.00), following the company's 3Q earnings report. ANF reported EPS of $0.02, significantly below the Street's $0.21 estimate. Flagship and tourist locations remain challenged at A&F, with international... More
FBR Capital Reiterates Underperform on Abercrombie & Fitch (ANF) Following 3Q
November 21, 2016 7:03 AM ESTFBR Capital reiterated an Underperform rating and $14.00 price target on Abercrombie & Fitch (NYSE: ANF) following the company 3Q earnings report. Net sales were down 6% over last year, and comps were down 6% for 3Q. Operating income for 3Q was $19.6M compared to $41M last year. Weakness in the U.S. was... More
Mizuho Securities Cuts Price Target on Abercrombie & Fitch (ANF) to $15
November 18, 2016 1:37 PM ESTMizuho Securities maintained a Neutral rating on Abercrombie & Fitch (NYSE: ANF), and cut the price target to $15.00 (from $20.00), following the company's 3Q earnings report. 3Q EPS of $0.02 missed the Streets $0.20 estimate. Gross margin declined (130) bp due to FX, while lower AUC was... More

