American Eagle Outfitters (AEO) Tops Q2 EPS by 4c, Comps Increase 9%, Offers Q3 Guidance

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American Eagle Outfitters (AEO) PT Raised to $28 at RBC Capital

August 31, 2018 6:42 AM EDT

RBC Capital analyst Brian Tunick raised the price target on American Eagle Outfitters (NYSE: AEO) to $28.00 (from $25.00) while maintaining an Outperform rating.

Tunick said while timing shifts and investments are pressuring 2H flow-through, AEO's strong fundamentals and share gains remain impressive.

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