American Eagle Outfitters (AEO) Raises 2023 Financial Targets

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American Eagle Outfitters (AEO) PT Lowered to $31 at Cowen

January 12, 2022 6:32 AM EST

Cowen analyst Oliver Chen lowered the price target on American Eagle Outfitters (NYSE: AEO) to $31.00 (from $40.00) while maintaining an Outperform rating.

The analyst commented, "Cowen hosted AEO's CFO, COO, President & Executive Creative Director, SVP IR, and Director IR. Key standouts include (1) AE sales recovering... More