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Fly News Breaks for November 19, 2015
ANF
Nov 19, 2015 | 08:38 EDT
Susquehanna believes Abercrombie & Fitch is well positioned for the holidays, as the shares are discounting nothing but bad news. The firm sees improved holiday performance as the company focuses on an improved in-store experience, growing U.S. outlets, closing underperforming locations and evolving its merchandise assortment. Susquehanna reiterated its Positive rating and $26 price target on Abercombie & Fitch shares.
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