Morgan Stanley Maintains Equal-Weight on Abercrombie & Fitch, Raises Price Target to $172
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained its Equal-Weight rating on Abercrombie & Fitch (NYSE:ANF) while raising the price target from $112 to $172.
May 30, 2024 | 12:35 pm
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Morgan Stanley has maintained its Equal-Weight rating on Abercrombie & Fitch (NYSE:ANF) while raising the price target from $112 to $172.
The raised price target from $112 to $172 by Morgan Stanley suggests a positive outlook for Abercrombie & Fitch, which could lead to a short-term increase in stock price. However, the Equal-Weight rating indicates a balanced view, tempering the overall impact.
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