Market Overview

UPDATE: Topeka Capital Markets Initiates American Eagle Outfitters with Buy on Strong 4Q12 Results

Share:
Related AEO
These 3 Discount Stores are Booming Despite the Retail Slump
As Abercrombie & Fitch's Sales Process Progresses, Is It Time To Step To The Sidelines?

In a report published Thursday, Topeka Capital Markets analyst Dorothy S. Lakner initiated coverage on American Eagle Outfitters (NYSE: AEO) with a Buy rating and $25.00 price target.

In the report, Lakner noted, “We are initiating coverage of AEO with a Buy rating and a $25 price target as we believe,as evidenced by strong 4Q12 results recently reported, that under CEO Robert Hanson, initiatives underway to improve sales growth and margins at AEO and move operating margins back to the midteens--and perhaps beyond--are taking hold and should accelerate into 2013.”

American Eagle Outfitters closed on Wednesday at $19.47.

Latest Ratings for AEO

DateFirmActionFromTo
Apr 2017B. RileyDowngradesBuyNeutral
Mar 2017Bank of AmericaDowngradesBuyNeutral
Jan 2017BuckinghamInitiates Coverage OnNeutral

View More Analyst Ratings for AEO
View the Latest Analyst Ratings

Posted-In: Topeka Capital MarketsAnalyst Color Initiation Analyst Ratings

 

Related Articles (AEO)

View Comments and Join the Discussion!