Piper Jaffray Downgrades Abercrombie & Fitch To Neutral

Analysts at Piper Jaffray downgraded Abercrombie & Fitch Company

from Overweight to Neutral. The price target for Abercrombie & Fitch has been lowered from $45 to $35. Abercrombie & Fitch shares have gained 2.17% over the past 52 weeks, while the S&P 500 index has surged 16.41% in the same period. Abercrombie & Fitch's shares rose 0.11% to $35.90 in pre-market trading.