Abercrombie, American Eagle's upbeat forecasts fail to buck retail softness
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CFRA Upgrades Abercrombie & Fitch (ANF) to Hold, 'We remain cautious'
November 21, 2023 8:43 AM ESTCFRA analyst Zachary Warring upgraded Abercrombie & Fitch (NYSE: ANF) from Sell to Hold with a price target of $60.00 (from $42.00).
The analyst comments "We raise our 12-month price target by $18 to $60, based on 15.0x our FY 25 EPS estimate and slightly lower than the company's... More
