TD Cowen Maintains Hold on American Eagle Outfitters, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Jonna Kim maintains a Hold rating on American Eagle Outfitters (NYSE:AEO) and lowers the price target from $25 to $23.
August 30, 2024 | 1:25 pm
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TD Cowen analyst Jonna Kim maintains a Hold rating on American Eagle Outfitters and lowers the price target from $25 to $23, indicating a slightly less optimistic outlook.
The lowering of the price target from $25 to $23 suggests a less optimistic view on the stock's potential upside, which could lead to a short-term negative impact on the stock price. The Hold rating indicates no strong buy or sell recommendation, but the reduced target may influence investor sentiment.
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IMPORTANCE 80
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