Market Overview

Jefferies Reiterates Hold on American Eagle Outfitters on 4Q Results, 1Q Guidance

Share:
Related AEO
Lululemon Stands Out At Retail's Biggest Conference
4 Apparel Retailers That Came Dressed To Impress At ICR Conference
Urban Outfitters Valuation: 28% Upside (Seeking Alpha)

In a report published Wednesday, Jefferies reiterated its Hold rating and $22.00 price target on American Eagle Outfitters (NYSE: AEO).

Jefferies noted, “We downgraded AEO at the beginning of 2013 because of difficult compares, lack of catalysts, and a strong run in the stock already during 2012 (up ~50%). While 4Q results were mostly in-line, 1Q guidance was below expectations as seen by the stock's downward intra-day move. In order to become more positive on the stock we need to see even cheaper valuation.”

American Eagle Outfitters closed on Tuesday at $20.06.

Latest Ratings for AEO

DateFirmActionFromTo
Dec 2016Stifel NicolausMaintainsBuy
Nov 2016FBR CapitalDowngradesOutperformMarket Perform
Nov 2016Wolfe ResearchDowngradesOutperformPeer Perform

View More Analyst Ratings for AEO
View the Latest Analyst Ratings

Posted-In: JefferiesAnalyst Color Reiteration Analyst Ratings

 

Related Articles (AEO)

View Comments and Join the Discussion!