Wunderlich Securities Starts Abercrombie & Fitch (ANF) at Buy

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Go back to Wunderlich Securities Starts Abercrombie & Fitch (ANF) at Buy

Stifel Raises Abercrombie & Fitch (ANF) to Buy; Product, Cost Reductions Will Drive Gains

August 12, 2014 9:08 AM EDT

Stifel Nicolaus upgraded Abercrombie & Fitch (NYSE: ANF) from Hold to Buy and establishes a $50 price target.

Analyst Richard Jaffe noted the following two points on the upgrade:

1. Product: It appears the companys merchandise turnaround (aided by testing close to 100% of the assortment,... More

Stifel Nicolaus Upgrades Abercrombie & Fitch (ANF) to Buy

August 12, 2014 6:16 AM EDT

Stifel Nicolaus upgraded Abercrombie & Fitch (NYSE: ANF) from Hold to Buy with a price target of $50.00.

For an analyst ratings summary and ratings history on Abercrombie & Fitch click here. For more ratings news on Abercrombie & Fitch click here.

Shares of Abercrombie & Fitch closed at $41.56 yesterday.

... More