Market Overview

Abercrombie & Fitch Rallies, Revisits $25

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  • More than doubled its Q3 EPS estimate of $0.22 with $0.48; Beat for revenue with $878.6 million vs. $867.14 million estimates
  • Upgraded at Evercore from Sell to Hold
  • Reached $25 for the first time since February 25, when it peaked at $25.52

Joel Elconin is the co-host of Benzinga's PreMarket Prep, a daily trading idea radio show.

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