Citigroup Maintains Neutral on American Eagle Outfitters, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Lejuez has maintained a Neutral rating on American Eagle Outfitters (AEO) and increased the price target from $23 to $26.

February 27, 2024 | 4:42 pm
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Citigroup has maintained a Neutral rating on American Eagle Outfitters but raised the price target from $23 to $26.
The increase in price target by Citigroup, while maintaining a Neutral rating, suggests a positive adjustment in the valuation of American Eagle Outfitters. This adjustment is likely based on factors that could drive the stock's performance upwards in the short term, such as improved financial outlook or market position. However, the Neutral rating indicates that there may still be uncertainties or risks that prevent a more bullish stance.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90