Telsey Advisory Group Maintains Market Perform on American Eagle Outfitters, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Dana Telsey maintains a 'Market Perform' rating on American Eagle Outfitters (AEO) and raises the price target from $22 to $25.
March 08, 2024 | 10:32 am
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Telsey Advisory Group maintains a 'Market Perform' rating on American Eagle Outfitters and raises the price target from $22 to $25.
The increase in price target from $22 to $25 by Telsey Advisory Group suggests a positive outlook on American Eagle Outfitters' stock performance in the short term. This adjustment reflects an expectation of stronger financial performance or market positioning than previously anticipated. Given the direct impact of analyst ratings and price targets on investor sentiment, this news is likely to contribute to a positive movement in AEO's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100