Jefferies Reiterates Hold on American Eagle Outfitters on 4Q Results, 1Q Guidance
March 06, 2013 at 13:26 PM EST
In a report published Wednesday, Jefferies reiterated its Hold rating and $22.00 price target on American Eagle Outfitters (NYSE: AEO ). Jefferies noted, “We downgraded AEO at the beginning of 2013 because of difficult compares, lack of catalysts, and a strong run in the stock already during 2012 (up ~50%).