BUZZ-Street View: Brokerages raise PT on Abercrombie & Fitch as Hollister strength drives optimism

Reuters

18 hours ago

BUZZ-Street View: Brokerages raise PT on Abercrombie & Fitch as Hollister strength drives optimism

** Abercrombie & Fitch <ANF.N> raised its annual profit forecast on Tuesday, betting on strong demand for its Hollister dresses and jackets as shoppers snap up in-trend apparel during the crucial holiday season

** At least 3 analysts raise PT on ANF; average rating of 13 analysts is "buy"; median PT is $107 - data compiled by LSEG

** Shares up ~5% on Wednesday

ABERCROMBIE MOVING IN THE RIGHT DIRECTION

Jefferies ("buy"; PT:$100 ): says ANF has some of the easiest competitive advantages within malls into 2026, positioning the company well from a growth and margin perspective

** Citi Group ("neutral"; PT:$90) expects Hollister strength to continue and deliver upside to co

** Raymond James ("outperform"; PT: $100) says shares are attractive given upside potential, sees attractive long-term growth driven by Hollister and international segment progress

(Reporting by Sanskriti Shekhar in Bengaluru )

((Sanskriti.Shekhar@thomsonreuters.com))

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average rating of 13 analysts is \"buy\"; median PT is $107 - data compiled by LSEG** Shares up ~5% on WednesdayABERCROMBIE MOVING IN THE RIGHT DIRECTION \nJefferies (\"buy\"; PT:$100 ): says ANF has some of the easiest competitive advantages within malls into 2026, positioning the company well from a growth and margin perspective\n  \n    ** Citi Group (\"neutral\"; PT:$90) expects Hollister strength to continue and deliver upside to co\n  \n    ** Raymond James (\"outperform\"; PT: $100) says shares are attractive given upside potential, sees attractive long-term growth driven by Hollister and international segment progress\n  (Reporting by Sanskriti Shekhar in Bengaluru )((Sanskriti.Shekhar@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}