Morgan Stanley Maintains Equal-Weight on Abercrombie & Fitch, Raises Price Target to $103
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Alexandra Steiger maintains an Equal-Weight rating on Abercrombie & Fitch (ANF) and raises the price target from $81 to $103.
March 07, 2024 | 3:00 pm
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Morgan Stanley has maintained its Equal-Weight rating on Abercrombie & Fitch but increased the price target from $81 to $103.
The increase in price target by a reputable analyst like Morgan Stanley suggests a positive outlook on Abercrombie & Fitch's stock, potentially leading to increased investor confidence and a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100