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Focus Shifts Definitively to Growth; Raising Target to $76 - Abercrombie & Fitch Co. (ANF)
Wednesday, April 6, 2011 - 11:41am | 595Abercrombie & Fitch Co. (ANF) Our Take — ANF delivered a remarkably strong setup for 2011/2012 at its analyst day. They tabled the margin concerns by moving to an EPS target and assuaged the bulls with a $4.75 earnings goal for 2012. We see ample levers to drive earnings. The $4.75 EPS...
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Abercrombie & Fitch Up Nearly 2% (ANF)
Wednesday, April 6, 2011 - 11:30am | 96Abercrombie & Fitch Co. (NYSE: ANF) shares are trading higher today, gaining 98 cents to $66.55, a gain of nearly 1.5% after the company hosted its first analyst day yesterday. The company provided a much better than expected earnings outlook, and said that international expansion is a much...
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Options Brief: The Gap, Inc. (GPS)
Wednesday, April 6, 2011 - 10:59am | 84Shares of The Gap, Inc. (NYSE: GPS) are lower on the session by 0.52%, trading at $22.98. Overall put volume is now running at 5.23x the daily average, with 51% of all puts traded being purchases on the offer. 9,098 contracts have traded on the session so far. The Gap, Inc. is a global specialty...
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Abercrombie Sees Global Sales Opportunity $7.5B Or More By 2015 (ANF)
Wednesday, April 6, 2011 - 10:53am | 20Abercrombie (NYSE: ANF) sees global sales opportunity of $7.5B or more by 2015.
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Stocks Going Ex Dividend the Second Week of April
Wednesday, April 6, 2011 - 9:59am | 742Here is our latest update on the stock trading technique called 'Buying Dividends'. This is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend. This technique generally works only...
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Wedbush Reports Strong F12 Guidance On Abercrombie & Fitch
Wednesday, April 6, 2011 - 9:34am | 156According to Wedbush, Abercrombie & Fitch (NYSE: ANF) saw strong F12 guidance on aggressive int'l rollout. Wedbush reported that it attended ANF's Analyst Day in with presentations by the senior executive team. “Following the meeting, we expect shares to trade up given management's guidance...
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Caris Upgrades Abercrombie & Fitch To Buy, $81 PT
Wednesday, April 6, 2011 - 9:20am | 28Caris & Company has upgraded Abercrombie & Fitch (NYSE: ANF) from Sell to Buy and has raised the price target from $67 to $81.
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Goldman Sachs Reports Upside Potential In Domestic On Abercrombe & Fitch
Wednesday, April 6, 2011 - 9:12am | 184According to Goldman Sachs, Abercrombie & Fitch (NYSE: ANF) targets are driven largely by intl & direct. Goldman Sachs reported that management laid out a 2012 EPS goal of $4.75 vs. consensus $3.97 ($2.04 LY). “As we detail inside, the vast majority of growth is driven by accelerating...
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Miller Tabak Upgrades Men's Warehouse To Buy
Wednesday, April 6, 2011 - 9:05am | 20Miller Tabak has upgraded Men's Warehouse (NYSE: MW) from Neutral to Buy.
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KeyBanc Raises ANF Target To $75, Moves ARO To Hold
Wednesday, April 6, 2011 - 9:02am | 58KeyBanc is raising its PT on shares of Abercrombie & Fitch Co. (NYSE: ANF) from $65 to $75. KeyBanc is also moving Aeropostale, Inc. (NYSE: ARO) from Underweight to Hold, and is removing ARO's previous PT of $19. Aeropostale closed Tuesday at $25.03; Abercrombie & Fitch closed at $65.57.
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Pre Market Biggest Percentage Gainers And Losers (MICC, HNSN, GLNG, WPRT, WTSLA, AMSC, INTC, SCON, ZOLT, STX)
Wednesday, April 6, 2011 - 8:48am | 225Best 1) Millicom International Cellular (NASDAQ: MICC): Shares are currently up 5. 71% to $96.80 on possible acquisition chatter. 2) HNSN (NASDAQ: HNSN): Stock is jumping 4.51% to $2.55 in early trading. 3) Golar LNG (NASDAQ: GLNG): Showing a nice 4.13% pop to $29.47. 4) Westport Innovations (...
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UPDATE: Citi Color On ANF Target Increase
Wednesday, April 6, 2011 - 8:19am | 129Citi, which raised its PT on shares of Abercrombie & Fitch Co. (NYSE: ANF), is providing some color on the stock. “ANF delivered a remarkably strong setup for 2011/2012 at its analyst day,” Citi writes. “They tabled the margin concerns by moving to an EPS target and assuaged the bulls with a $...
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Citigroup Raises PT On Abercrombie & Fitch To $76
Wednesday, April 6, 2011 - 7:42am | 27Citigroup has raised the price target on Abercrombie & Fitch Company (NYSE: ANF) from $66 to $76 and maintains its Buy rating.
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Oppenheimer Comments On Abercrombie & Fitch Analyst Day
Wednesday, April 6, 2011 - 7:38am | 129According to Oppenheimer, Abercrombie & Fitch (NYSE: ANF) price target is raised. Oppenheimer reported that yesterday, it attended the ANF analyst day. “The presentation was strong with management introducing above-consensus FY12 EPS guidance of $4.75 (but stepping away from previous 15%...
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Abercrombie & Fitch Top Pick At Jefferies (ANF)
Wednesday, April 6, 2011 - 7:35am | 169Jefferies & Co. has a Buy rating and a $85 price target on shares of Abercrombie & Fitch (NYSE: ANF). In a note to clients, Jefferies writes, "ANF hosted its first Analyst Day on 4/5/11. We were encouraged by management's positive tone, additional color on the accelerating int'l business (...