Piper Jaffray Reiterates Overweight Rating on Abercrombie & Fitch

According to Piper Jaffray, Abercrombie & Fitch ANF Overweight rating is reiterated. Piper Jaffray said that it hosted investor meetings with EVP & CFO Jonathan Ramsden in London on Monday and Tuesday. “With respect to our model, we are not making changes to our estimates at this juncture but continue to believe $4.75 is achievable.” Abercrombie & Fitch closed yesterday at $49.17.