6 days ago
CFRA downgrades American Eagle (AEO) to a Hold
CFRA analyst Zachary Warring downgraded American Eagle (AEO – Research Report) to a Hold today and set a price target of $10.00. The company's shares opened today at $10.24.
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Warring covers the Consumer Cyclical sector, focusing on stocks such as American Eagle, Ralph Lauren, and Caesars Entertainment. According to TipRanks, Warring has an average return of 4.7% and a 52.31% success rate on recommended stocks.
In addition to CFRA, American Eagle also received a Hold from Citi's Paul Lejuez in a report issued on June 2. However, on May 30, Barclays maintained a Sell rating on American Eagle (NYSE: AEO).
The company has a one-year high of $22.83 and a one-year low of $9.45. Currently, American Eagle has an average volume of 8.39M.