UBS Maintains Buy on American Eagle Outfitters, Raises Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jay Sole maintains a Buy rating on American Eagle Outfitters (AEO) and raises the price target from $27 to $29.
February 26, 2024 | 2:57 pm
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UBS analyst Jay Sole reaffirms a Buy rating on American Eagle Outfitters and increases the price target from $27 to $29.
The upgrade in the price target by a reputable analyst like Jay Sole from UBS suggests a positive outlook on the stock, likely due to anticipated strong performance or favorable market conditions. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100