By: Benzinga
Piper Jaffray Reiterates Overweight Rating, $56 PT on Abercrombie & Fitch Following FQ4 Report
In a report published Friday, Piper Jaffray reiterated its Overweight rating and $56.00 price target on Abercrombie & Fitch Co. (NYSE: ANF ). Piper Jaffray noted, “Q4 sales were just slightly below and comparable EPS was inline. A change in inventory accounting method from retail to cost created noise in
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