Telsey Advisory raised the firm’s price target on American Eagle (AEO) to $18 from $12 and keeps a Market Perform rating on the shares. The company has demonstrated signs of stabilization and recovery in Q2 following a “choppy” FY24 and rough start to FY25, the analyst tells investors. While it appears management has successfully addressed operational miscues from Q1, sustaining momentum from its brand campaigns remains a concern and visibility to improvement remains challenging, the firm adds.
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