JP Morgan Upgrades Abercrombie & Fitch to Overweight, Raises Price Target to $194
Portfolio Pulse from Benzinga Newsdesk
JP Morgan has upgraded Abercrombie & Fitch (NYSE:ANF) from Neutral to Overweight and raised the price target from $167 to $194.
July 22, 2024 | 10:56 am
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JP Morgan analyst Matthew Boss has upgraded Abercrombie & Fitch from Neutral to Overweight and increased the price target from $167 to $194.
The upgrade from Neutral to Overweight and the significant increase in the price target from $167 to $194 by a reputable analyst at JP Morgan is likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100