UBS Maintains Neutral Rating for Abercrombie & Fitch: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
UBS has maintained its Neutral rating for Abercrombie & Fitch (NYSE:ANF) and raised its price target from $42.00 to $53.00. Abercrombie & Fitch's shares are currently trading at $50.94, up 0.16% over the last 24 hours. A move to $53.00 would represent a 4.04% increase from the current share price.
August 24, 2023 | 5:00 pm
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POSITIVE IMPACT
UBS has maintained its Neutral rating for Abercrombie & Fitch and raised its price target. This could potentially lead to a positive impact on the company's stock in the short term.
The raised price target by UBS indicates a potential upside for Abercrombie & Fitch's stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100