JPMorgan analyst Matthew Boss upgraded American Eagle to Overweight from Neutral with a $31 price target after meeting with management. The company cited momentum across its brand portfolio with multi-year conservatism embedded in the three ear financial plan, the analyst tells investors in a research note. The firm views American Eagle as one of the most undervalued assets in the group relative to fair value given its fundamental model profile of 3%-5% revenue growth and 10% adjusted EBIT margins in fiscal 2026.
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