Telsey Advisory Group Maintains Outperform on Abercrombie & Fitch, Raises Price Target to $105
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 $95 to $105.
January 09, 2024 | 10:18 am
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Telsey Advisory Group reaffirmed an Outperform rating on Abercrombie & Fitch and raised the price target to $105, 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 short-term rise in the stock price.
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IMPORTANCE 85
RELEVANCE 100