TECH - American Eagle's Fall Lineup Gets Favorable Reaction Analyst Eyes Back-To-School Season | Benzinga
Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating on American Eagle Outfitters, Inc. (NYSE: AEO), with a price target of $15.
According to the analyst, the favorable reaction to its initial Fall products will likely position the company well for the back-to-school season.
AEO will report Q2 earnings results on Wednesday, September 6, after the market close.
With the preannounced second quarter results (ahead of expectations) in early August, the analyst is encouraged by the sequential improvement in topline trends in June and July, particularly as other retailers noted further ...