Wall Street Strategies Downgrades American Eagle Outfitters to Sell, Lowers PT to $11

Wall Street Strategies downgraded American Eagle Outfitters AEO from Buy to Sell and lowered its American Eagle Outfitters price target from $16 to $11 in a research report published today. In the report, Wall Street Strategies states, "The shift in our position stems from a few items that when combined, remove potential near-term catalysts for the stock and could very well make a cheap stock even cheaper." Shares of American Eagle Outfitters were trading at $13.07 at the time of posting, up 0.38% from Wednesday's market close.