UBS raised the firm’s price target on Abercrombie & Fitch to $130 from $125 and keeps a Buy rating on the shares. Abercrombie & Fitch’s Q3 sales beat and improved guidance highlight its strong fundamentals, the analyst tells investors in a research note. UBS sees potential for an EPS compound annual growth rate of 14% following FY25.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ANF:
- Abercrombie & Fitch price target raised to $95 from $78 at Morgan Stanley
- Abercrombie & Fitch price target raised to $109 from $92 at JPMorgan
- Abercrombie & Fitch price target raised to $90 from $79 at Citi
- Abercrombie & Fitch: Resilient Financial Performance Amid Bearish Retail Sentiment Justifies Hold Rating
- Abercrombie & Fitch: Positive Developments and Growth Potential Drive Buy Rating