Barclays Maintains Overweight on American Eagle Outfitters, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Adrienne Yih has maintained an Overweight rating on American Eagle Outfitters (NYSE:AEO) and raised the price target from $19 to $22.
September 07, 2023 | 5:05 pm
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POSITIVE IMPACT
Barclays has maintained an Overweight rating on American Eagle Outfitters and raised the price target from $19 to $22, which could positively impact the stock.
The Overweight rating maintained by Barclays indicates a positive outlook for American Eagle Outfitters. The increase in price target from $19 to $22 suggests that the analyst believes the stock has potential for further growth. This could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100