Standpoint Research has downgraded shares of American Eagle AEO 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.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Posted In: Analyst ColorNewsDowngradesIntraday UpdateAnalyst RatingsApparel RetailConsumer Discretionary
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in