Barclays Upgrades American Eagle Outfitters to Overweight, Raises Price Target to $18
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Adrienne Yih has upgraded American Eagle Outfitters (NYSE:AEO) from Equal-Weight to Overweight and raised the price target from $11 to $18.
August 01, 2023 | 8:26 am
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American Eagle Outfitters has been upgraded to Overweight by Barclays, with a raised price target of $18.
The upgrade from Barclays indicates a positive outlook for American Eagle Outfitters. The raised price target from $11 to $18 suggests that the analyst believes the stock has significant upside potential. This could lead to increased investor interest and a potential rise in the stock's price in the short term.
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