Morgan Stanley Maintains Equal-Weight on Abercrombie & Fitch, Raises Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Alexandra Steiger has maintained an Equal-Weight rating on Abercrombie & Fitch (NYSE:ANF) and increased the price target from $53 to $68.
November 22, 2023 | 1:13 pm
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Morgan Stanley has maintained an Equal-Weight rating on Abercrombie & Fitch and raised the price target from $53 to $68.
The increase in price target by Morgan Stanley suggests a positive outlook on Abercrombie & Fitch's future performance, which could lead to a short-term increase in the stock price as investors react to the analyst's upgraded valuation.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100