Abercrombie Fitch Brand Remains Healthy With More Resilient Customer Base, Says Analyst
Telsey Advisory Group analyst Dana Telsey reiterated an Outperform rating on the shares of Abercrombie Fitch Co (NYSE: ANF ) with a price target of $25.00 . Despite a softening demand environment amid macro challenges to lower-income consumers and significant uncertainty in Europe, management struck a fairly positive tone during the investor meetings hosted by the analyst and her team. Inventory balances are expected to be right-sized to demand trends heading … Full story available on Benzinga.com
Abercrombie Fitch Brand Remains Healthy With More Resilient Customer Base, Says Analyst
Telsey Advisory Group analyst Dana Telsey reiterated an Outperform rating on the shares of Abercrombie Fitch Co (NYSE: ANF ) with a price target of $25.00 . Despite a softening demand environment amid macro challenges to lower-income consumers and significant uncertainty in Europe, management struck a fairly positive tone during the investor meetings hosted by the analyst and her team. Inventory balances are expected to be right-sized to demand trends heading … Full story available on Benzinga.com