Telsey Advisory Group Maintains Outperform on Abercrombie & Fitch, Raises Price Target to $74
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Dana Telsey has maintained an Outperform rating on Abercrombie & Fitch (NYSE:ANF) and increased the price target from $62 to $74.
November 14, 2023 | 10:15 am
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POSITIVE IMPACT
Telsey Advisory Group reaffirms Outperform rating on Abercrombie & Fitch and raises price target to $74, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst firm like Telsey Advisory Group typically signals a strong conviction in the company's future performance and growth potential. This can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100