Abercrombie & Fitch (ANF) PT Raised to $58 at Citi

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Abercrombie & Fitch (ANF) 2Q print lends further credibility to turnaround - Morgan Stanley

August 25, 2023 8:05 AM EDT

Morgan Stanley upgraded Abercrombie & Fitch (NYSE: ANF) to Equal-Weight from Underweight, raising the price target for the stock to $51 from $18 per share.

Analyst Alex Straton told investors that the company's 2Q print lends further credibility to the Abercrombie & Fitch turnaround.

"2Q beat/FY... More