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Fly News Breaks for May 13, 2015
AEO
May 13, 2015 | 06:08 EDT
Cowen upgraded American Eagle to Outperform and increased its price target to $19 from $17. The firm's checks indicate strong merchandise execution and believes creative momentum will carry through into the back-to-school and Holiday season. Cowen sees upside from controlled inventory and promotional levels combined with easier 1H comps.
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