Even More Thoughts On American Eagle (AEO)

Wall Street Strategies analyst and noted retail expert Brian Sozzi weighs in with some thoughts on the American Eagle AEO rumor from earlier today. There were rumors abounding on Wall St. today that the teen retailer may be the subject of a takeover, either through private equity or perhaps the company itself. Sozzi noted that the rumors are picking back up today, and that the resignation of American Eagle's chief designer was interesting. Nothing has been finalized yet on talks (if there any at this point), but usually where there is smoke, there is fire. Something definitely to keep an eye on.