American Eagle Outfitters (AEO) Punished After Not Raising Q3 Guidance; Analyst Says Buy the Weakness

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American Eagle Outfitters (AEO) Weak on Investor Day Comments

October 23, 2012 9:25 AM EDT

American Eagle Outfitters, Inc. (NYSE: AEO) is seeing some weakness pre-open following comments on its investor day, although at first glance nothing looks too concerning.

The company said it is tracking to guidance for Q3, and is targeting 2012 sales of $3.44 billion... More