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Abercrombie & Fitch price target raised to $147 from $142 at JPMorgan

JPMorgan analyst Matthew Boss raised the firm’s price target on Abercrombie & Fitch to $147 from $142 and keeps an Overweight rating on the shares. The company reported a Q1 beat led by 23% same-store sales growth at Hollister, the analyst tells investors in a research note.

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