American Eagle: Jefferies still a buyer

(CercleFinance.com) - Jefferies analysts today confirm their "Buy" rating on the American Eagle Outfitters share, believing that it is "Flying Above the Rest".


"Store re-openings exceeding expectations and peers, showing AEO is a destination within the mall," the broker says.

Jefferies has therefore raised its target price for the share from 12 dollars to 14 dollars.


Copyright (c) 2020 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.