American Eagle: Jefferies maintains buy rating

(CercleFinance.com) - An analyst at Jefferies today says that he is maintaining his "buy" rating on the stock of clothing and accessories retailer American Eagle, saying that it remains under-appreciated by Wall Street.


The broker believes that the group's performance should continue to improve in the second half, subject to favorable weather conditions. Likewise, he believes his base is strong enough to preserve the group from external pressures.

Jefferies hence confirms its target price of 28 dollars for the share.


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