UBS Maintains Neutral on Abercrombie & Fitch, Lowers Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Mauricio Serna maintains a Neutral rating on Abercrombie & Fitch (NYSE:ANF) and lowers the price target from $193 to $165.
August 29, 2024 | 12:40 pm
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UBS analyst Mauricio Serna has maintained a Neutral rating on Abercrombie & Fitch and reduced the price target from $193 to $165, indicating a more cautious outlook.
The reduction in price target from $193 to $165 by UBS suggests a less optimistic view on Abercrombie & Fitch's future performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100