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Fly News Breaks for August 25, 2015
AEO
Aug 25, 2015 | 08:27 EDT
Oppenheimer believes that American Eagle reported "solid" Q2 results, as it delivered the best results of any retailer so far this earnings season, according to the firm. Oppenheimer believes that the subsequent decline in the stock has created a buying opportunity, given what it sees as the company's top and bottom line momentum. It keeps a $19 price target and Outperform rating on the shares.