Standpoint Research Downgrades American Eagle (AEO)

Standpoint Research has downgraded shares of American Eagle

from Buy to Hold. Standpoint analyst Ronnie Moas wrote that the stock is now fairly valued at 9X peak earnings from 2006-2008, 18X trailing twelve months earnings and 15X estimates for next year. During today's trading session, AEO shares have fallen 0.36% to $16.67.