TD Cowen Maintains Market Perform on American Eagle Outfitters, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Jonna Kim maintains a Market Perform rating on American Eagle Outfitters (NYSE:AEO) and lowers the price target from $15 to $12.
May 31, 2023 | 11:27 am
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TD Cowen analyst Jonna Kim maintains a Market Perform rating on American Eagle Outfitters and lowers the price target from $15 to $12.
The lowered price target from $15 to $12 by TD Cowen analyst Jonna Kim indicates a bearish outlook on American Eagle Outfitters. This news may negatively impact the stock price in the short term as it suggests a lower valuation for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100