Citi adds ‘downside 90-day short-term view’ on American Eagle

Citi analyst Paul Lejuez added a “downside 90-day short-term view” on American Eagle (AEO) while keeping a Neutral rating on the shares with a $12 price target After “very weak” 1Q results and suspended fiscal 2025 guidance, American Eagle will rely more on promotions to drive sales in fiscal 2025, the analyst tells investors in a research note. With low visibility into a sales turnaround and continued margin pressure expected, the shares will remain pressured near-term, the analyst tells investors in a research note.