Telsey Advisory Group Maintains Market Perform on American Eagle Outfitters, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained a 'Market Perform' rating on American Eagle Outfitters (NYSE:AEO) and raised the price target from $15 to $19.
September 07, 2023 | 9:27 am
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POSITIVE IMPACT
American Eagle Outfitters' price target has been raised from $15 to $19 by Telsey Advisory Group, which maintains a 'Market Perform' rating on the stock.
The raised price target indicates that the analyst sees potential for the stock's price to increase. This could lead to positive sentiment among investors, potentially driving the stock price up in the short term. However, the 'Market Perform' rating suggests that the stock is expected to perform in line with the market, indicating a neutral outlook overall.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100