American Eagle price target raised to $21 from $19 at JPMorgan

JPMorgan raised the firm’s price target on American Eagle to $21 from $19 and keeps a Neutral rating on the shares. The firm’s work points to an “in-line to above-plan” holiday for department stores and specialty softlines, with 90% of companies in its coverage universe tracking to “meet or beat” current Q4 Street consensus same-store-sales estimates, the analyst tells investors in a research note.