Barclays analyst Adrienne Yih raised the firm’s price target on American Eagle to $27 from $26 and keeps an Overweight rating on the shares. The analyst says preliminary Q4 results for the specialty retail group were strong, as holiday demand topped expectations with better promotional backdrop.
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Read More on AEO:
- American Eagle price target raised to $22 from $19 at Telsey Advisory
- American Eagle Outfitters (NYSE:AEO) Surges on Strong Holiday Sales Momentum
- American Eagle raises Q4 operating profit view to $130M from $105M-$115M
- American Eagle price target raised to $27 from $24 at UBS
- American Eagle price target raised to $21 from $19 at JPMorgan
