Piper Jaffray Reiterates Overweight and PT of $86 on Abercrombie & Fitch

Piper Jaffray reiterated its Overweight rating on Abercrombie & Fitch ANF. At the same time, the rating agency left its price target on the company's stock unchanged at $86. On Tuesday, ANF added 8.01% to its value to finish the day at $65.98. Its shares continued to climb in today's pre-market trading, rising 1.06% to stand around $66.64.