BMO Capital Maintains Market Perform on American Eagle Outfitters, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Simeon Siegel maintains a Market Perform rating on American Eagle Outfitters (NYSE:AEO) and lowers the price target from $14 to $10.
May 25, 2023 | 1:54 pm
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NEGATIVE IMPACT
BMO Capital maintains a Market Perform rating on American Eagle Outfitters and lowers the price target from $14 to $10.
The lowered price target from $14 to $10 by BMO Capital indicates a bearish outlook on American Eagle Outfitters. This may lead to a negative short-term impact on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100