Analysts at Piper Jaffray have released an update on American Eagle Outfitters AEO.
Analysts say that in order to prevent its shares from declining, American Eagle Outfitters will have to demonstrate better contribution margins on a sustained level of sales increases. The company’s operating expenses have grown at a rate faster than sale in each of the last 10 quarters.
Analysts at Piper Jaffray have reiterated their Overweight rating for American Eagle Outfitters. The price target for the company has been maintained at $22.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in