Citi Turns Bullish on Abercrombie & Fitch After Stock Pullback
Citi upgrades Abercrombie & Fitch to Buy, raising its price target to $135 and highlighting strong growth and cash flow potential in 2026.
Citi upgrades Abercrombie & Fitch to Buy, raising its price target to $135 and highlighting strong growth and cash flow potential in 2026.
Abercrombie & Fitch stock plunged after disappointing holiday sales results, triggering a broader selloff in retail stocks including American Eagle and Urban Outfitters.
Abercrombie & Fitch hiked its fiscal 2025 profit forecast to 10.20−10.50 after Q3 net sales reached $1.29B. Strong Hollister demand, resilient affluent spending, and an NFL partnership boost success.