Outperforming Retail Stock Gets Overdue Upgrade
A&F(ANF) Schaeffers Investment Research·2024-07-22 21:44
Apparel retailer Abercrombie & Fitch Co. (NYSE:ANF) is up 5% to trade at 194 from $167. The analyst in coverage is bullish on the brand's demand after recent marketing improvements.Coming into today, ANF was up 336.3% over the last 12 months. Despite this massive outperformance, six of eight covering brokerages still rated the equity a tepid "hold," leaving room on the bullish ban ...