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Fly News Breaks for September 17, 2019
AEO
Sep 17, 2019 | 17:33 EDT
DA Davidson analyst John Morris initiated American Eagle with a Buy rating and $21 price target following a pullback in the stock on sector concerns. In a note to investors titled 'Body Positivity Translates to EPS Positivity,' Morris called the company an "innovative competitor" with "on-point messaging" and said he sees the company having a strong Fall Q3 and a potential beat in Q4, with the company's momentum continuing into the Spring.
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