B of A Securities Reinstates Underperform on American Eagle Outfitters, Announces $16 Price Target
B of A Securities analyst Mary Sport reinstates American Eagle Outfitters (NYSE:AEO) with a Underperform and announces $16 price target.
A big bank's analyst thinks American Eagle stock might struggle and set a lower target price. When experts become more worried about a company, it's a signal to watch how the business is actually doing.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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