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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Business

Business & Economics

Abercrombie & Fitch (ANF) Price Target Trimmed by Raymond James Amid Tariff Concerns

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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85% Informative

Raymond James analyst Rick Patel updated his price target for Abercrombie & Fitch Co. ( NYSE : ANF ) from $ 110 to $ 90 on May 27 .

Given the noted flaws in the A&F brand and the expected effects of tariffs, the change represents a cautious approach.

Long-term growth and margin expansion levers are still available, Patel said.

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