American Eagle price target lowered to $15 from $17 at Barclays

Barclays analyst Adrienne Yih lowered the firm’s price target on American Eagle to $15 from $17 and keeps an Equal Weight rating on the shares. The analyst sees ongoing risk to first half of 2023 estimates for the specialty retailers, in particular those with negative year-over-year sales. At retail, the risk is shifting from inventory pressure to sales deleverage, Yih tells investors in a research note.