Goldman Sachs Upgrades American Eagle, Abercrombie and Fitch, Aeropostale

Goldman Sachs today updated ratings on teen retailer stocks including Abercrombie and Fitch ANF, American Eagle Outfitters AEO, and Aeropostale ARO. Abercrombie and Fitch was Upgraded from Buy to CL-Buy and Goldman's Price Target on the stock jumped from $52 to $70. American Eagle Outfitters was Upgraded from Neutral to Buy and Goldman's Price Target on the stock was raised from $17 to $19. Aeropostale was Downgraded from Neutral to Sell and Goldman's Price Target on the stock was revised down to $23 from $25.