American Eagle Outfitters (AEO) Cuts Q2 EPS Outlook

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B. Riley Downgrades American Eagle Outfitters (AEO) to Neutral

August 6, 2013 8:23 AM EDT

B. Riley downgraded American Eagle Outfitters (NYSE: AEO) from Buy to Neutral with a price target of $17.50 (from $26.00).

For an analyst ratings summary and ratings history on American Eagle Outfitters click here. For more... More

Brean Capital Downgrades American Eagle Outfitters (AEO) to Hold

August 6, 2013 7:25 AM EDT

Brean Capital downgraded American Eagle Outfitters (NYSE: AEO) from Buy to Hold. Analyst Eric Beder thinks back to school upside is gone as rational behavior among teens retailers flies out the window.

"We remain impressed with the American Eagle management team,... More

Janney Capital Downgrades American Eagle Outfitters (AEO), Chico's FAS (CHS) to Neutral; Sector Cut to Underweight

August 6, 2013 6:43 AM EDT

Janney Capital analyst Adrienne Tennant downgraded American Eagle Outfitters (NYSE: AEO) from Buy to Neutral with a price target of $16.00 (from $23.00) following yesterday's earnings warning. The firm is lowering 2Q13 EPS estimate to $0.10 from $0.21 (versus consensus of $0.21). FY13 and FY14 EPS estimates go to $1.07 from $1.44 (versus consensus of $1.44) and to $1.23 from $1.64 (versus consensus of $1.65), respectively.

Tennant is also downgrading the softlines sector to Underweight from Neutralweight, as they perceive headwinds for the sector for the fall season, including: 1)... More