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CFRA Reiterates Sell Rating on American Eagle Outfitters (AEO)

May 31, 2024 9:38 AM EDT

CFRA analyst Zachary Warring reiterated a Sell rating and $20.00 price target on American Eagle Outfitters (NYSE: AEO).

The analyst comments "We maintain our 12-month price target of $20, based on 12.5x our FY 25 (Jan.) EPS estimate and slightly higher than the company's three-year average... More