American Eagle Outfitters
An analyst is raising her rating and price target for
American Eagle on Monday, saying the teen retailer is in the best position to
take back market share next year compared with some of its rivals. American
Eagle is in the best position as far as fashion and value when compared with
Aeropostale Inc. and Abercrombie & Fitch Co. The analyst also feels that
the chain will benefit from a stabilizing promotional environment based on the
belief that the sector gets its inventory levels under control during the
second half of 2014. The analyst lifted American Eagle Outfitters Inc. to
"Buy" from "Neutral" and increased its price target to $20
from $17.
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