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Fly News Breaks for August 15, 2017
AEO
Aug 15, 2017 | 08:02 EDT
FBR Capital analyst Susan Anderson upgraded American Eagle to Buy with a $13 price target saying the valuation "has become very attractive." Estimates have come down significantly from the start of the year and comparisons ease in the second half of 2017, creating lower risk to the numbers, Anderson tells investors in a research note. She expects American Eagle will continue to take market share over the next few years.
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