Citigroup Maintains Neutral on Abercrombie & Fitch, Raises Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Lejuez maintains a Neutral rating on Abercrombie & Fitch (NYSE:ANF) and raises the price target from $24 to $33.
May 25, 2023 | 11:25 am
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NEUTRAL IMPACT
Citigroup maintains a Neutral rating on Abercrombie & Fitch and raises the price target from $24 to $33.
Citigroup's decision to maintain a Neutral rating on Abercrombie & Fitch indicates that they do not expect significant short-term price movement. However, the raised price target from $24 to $33 suggests a positive outlook for the stock in the long term. The news is directly related to ANF and is important for investors, but the short-term impact is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100