TD Cowen raised the firm’s price target on American Eagle to $23 from $21 and keeps a Market Perform rating on the shares. The firm said the company’s recent performance has been impressive with both AE and Aerie comping positive and its 3-year target seems achievable but consistent growth at both brands and prudent promotion are key.
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Read More on AEO:
- American Eagle price target raised to $25 from $22 at Telsey Advisory
- American Eagle price target raised to $19 from $16 at Morgan Stanley
- American Eagle price target raised to $30 from $27 at Barclays
- AEO Earnings: American Eagle Gains on Solid Q4 Results
- American Eagle Unveils Strategic Growth and Outlook
