Wells Fargo Lowers Estimates On Aeropostale And American Eagle (ARO, AEO) - American Eagle Outfitters (NYSE:AEO)

In a quick note this morning, analysts at Wells Fargo Securities said that they are "lowering estimates across the board," on American Eagle (NYSE:

AEO

) and Aeropostale (NYSE:

AEO

). Their valuation range for AEO is $12-$14. For ARO it is $25-$27. During Friday's trading session, AEO shares have slumped 2.65% to $12.50 and ARO shares have lost 2.40% to $25.26.

AEOAmerican Eagle Outfitters Inc

$18.23-2.83%

Overview

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