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Fly News Breaks for August 24, 2015
ANF
Aug 24, 2015 | 07:29 EDT
Susquehanna believes Abercrombie & Fitch is selling at trough valuation, which is setting up an opportunity for long-term investors. The firm believes underlying strategic fundamentals of the business are moving in the right direction despite what they expect to be mixed Q2 results. Susquehanna maintained its Positive rating but lowered its price target to $26 from $30 on Abercrombie & Fitch shares.
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