Information Provided By:
Fly News Breaks for September 17, 2019
ANF
Sep 17, 2019 | 17:29 EDT
DA Davidson analyst John Morris initiated Abercrombie & Fitch with a Neutral rating and $18 price target. The analyst said the company is still in the middle of a multi-year turnaround that is looking to reposition the brand with "quality, elevated fashion content to appeal to a more modern, sophisticated 20-something." While the analyst noted that this will take time, and is encouraged by Abercrombie's progress so far, he is cautious due to "competitive promotional environment" and would like to see more visibility on "the pace of the earnings recovery" before becoming more bullish on the name.
News For ANF From the Last 2 Days
There are no results for your query ANF