UBS Maintains Buy on American Eagle Outfitters, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jay Sole maintains a Buy rating on American Eagle Outfitters (NYSE:AEO) but lowers the price target from $35 to $34.
August 30, 2024 | 2:52 pm
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UBS analyst Jay Sole continues to recommend buying American Eagle Outfitters stock, though the price target has been slightly reduced from $35 to $34.
The Buy rating suggests confidence in AEO's performance, but the slight reduction in price target indicates a minor adjustment in expectations. This could lead to a neutral short-term impact as the overall sentiment remains positive.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100