JP Morgan Maintains Overweight on Abercrombie & Fitch, Raises Price Target to $195
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Matthew Boss maintains an Overweight rating on Abercrombie & Fitch and raises the price target from $194 to $195.
October 04, 2024 | 6:19 pm
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POSITIVE IMPACT
JP Morgan's analyst Matthew Boss has maintained an Overweight rating on Abercrombie & Fitch and slightly increased the price target from $194 to $195, indicating a positive outlook.
The maintenance of an Overweight rating and a slight increase in the price target by a reputable analyst from JP Morgan suggests a positive sentiment towards Abercrombie & Fitch's stock. This could lead to a short-term positive impact on the stock price as investors may view this as a sign of confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100