JPMorgan raised the firm’s price target on Abercrombie & Fitch to $144 from $125 and keeps a Neutral rating on the shares. The analyst also placed the shares on “Positive Catalyst Watch.” The firm increased its Q1 same-store-sales estimate afire store work pointed to an inflection in the men’s assortment at Hollister and sustained new customer acquisition at Abercrombie.
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