Abercrombie & Fitch Co. Reports First Quarter Fiscal 2024 Results
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Abercrombie & Fitch (ANF) PT Raised to $172 at Morgan Stanley
May 30, 2024 5:53 AM EDTMorgan Stanley analyst Alex Straton raised the price target on Abercrombie & Fitch (NYSE: ANF) to $172.00 (from $112.00) while maintaining a Equalweight rating.
The analyst comments "Outsized 1Q beat & FY raise suggest a higher profitability ceiling than we thought, leaving us incrementally positive. However, bullish buyside expectations,... More
Abercrombie & Fitch (ANF) PT Raised to $215 at Jefferies
May 29, 2024 1:43 PM EDTJefferies analyst Corey Tarlowe raised the price target on Abercrombie & Fitch (NYSE: ANF) to $215.00 (from $155.00) while maintaining a Buy rating.
The analyst comments "ANF beat top-and-bottom-line results with mgmt highlighting strength across all banners and regions. 1Q sales increased 22% YoY and OM%... More
Abercrombie & Fitch (ANF) PT Raised to $167 at JPMorgan
May 29, 2024 12:29 PM EDTJPMorgan analyst Matthew R. Boss raised the price target on Abercrombie & Fitch (NYSE: ANF) to $167.00 (from $144.00) while maintaining a Neutral rating.
The analyst comments "ANF reported 1Q EPS of $2.14 (vs. Street $1.74) driven by a beat across all line items: (i) consolidated revenues +22.1% Y/Y (above Street +14.5%), (ii) GPM... More
Abercrombie & Fitch (ANF) PT Raised to $149 at CFRA
May 29, 2024 10:18 AM EDTCFRA analyst Zachary Warring raised the price target on Abercrombie & Fitch (NYSE: ANF) to $149.00 (from $120.00) while maintaining a Hold rating.
The analyst comments "We raise our 12-month price target by $29 to $149, based on 17.5x our FY 25 (Jan.) EPS estimate and higher than... More
Citi Reiterates Neutral Rating on Abercrombie & Fitch (ANF)
May 29, 2024 8:57 AM EDTCiti analyst Paul Lejeuz reiterated a Neutral rating and $150.00 price target on Abercrombie & Fitch (NYSE: ANF).
The analyst comments "1Q was an exceptional qtr with both A&F (+29% comp vs 4Q +28%) and Hollister (+13% comp vs 4Q +6%) accelerating vs 4Q. Mgmt raised... More
Abercrombie hikes 2024 sales outlook as Q1 results surpass estimates, stock up
May 29, 2024 7:52 AM EDTAbercrombie & Fitch's (NYSE: ANF) raised the outlook for the full fiscal 2024, sending its shares rising in the market pre-open Wednesday.
For the fiscal Q1 2024, the clothing retailer posted earnings per share (EPS) of $2.14, topping the analyst consensus of $1.70. Revenue came in at $1.02 billion, also above the consensus projection of $961.98... More
