Credit Suisse Downgrades Abercrombie & Fitch To Neutral

Analysts at Credit Suisse downgraded Abercrombie & Fitch Company

from Outperform to Neutral. The price target for Abercrombie & Fitch has been lowered from $53 to $28. Abercrombie & Fitch shares have dropped 16.47% over the past 52 weeks, while the S&P 500 index has gained 13.41% in the same period. Abercrombie & Fitch's shares fell 1.53% to close at $28.90 yesterday.