Citigroup Maintains Neutral on Abercrombie & Fitch, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Lejuez has maintained a Neutral rating on Abercrombie & Fitch (NYSE:ANF) and raised the price target from $33 to $45.
August 15, 2023 | 11:30 am
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NEUTRAL IMPACT
Abercrombie & Fitch's price target has been raised from $33 to $45 by Citigroup, while maintaining a Neutral rating.
The news is directly related to Abercrombie & Fitch and is likely to influence investor sentiment. However, as the rating remains Neutral, it suggests that the analyst does not expect significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
Citigroup analyst Paul Lejuez maintains a Neutral rating on Abercrombie & Fitch and raises the price target.
While Citigroup is the source of the news, the impact on its own stock is likely to be minimal as this is part of their regular operations and does not represent a significant change in business strategy or performance.
CONFIDENCE 90
IMPORTANCE 30
RELEVANCE 50