Morgan Stanley Raises Target Price for Abercrombie & Fitch; Projects Better Profitability

Thursday, 30 May 2024, 07:22

Morgan Stanley has increased the target price for Abercrombie & Fitch shares, citing an improved profitability outlook. The raised target indicates growing confidence in the company's performance and potential for increased shareholder value. This adjustment comes in light of positive market sentiment and a favorable outlook for Abercrombie & Fitch.
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Morgan Stanley Raises Target Price for Abercrombie & Fitch; Projects Better Profitability

Morgan Stanley Raises Target Price for Abercrombie & Fitch with Positive Profitability Outlook

Morgan Stanley has recently updated its target price for Abercrombie & Fitch shares, reflecting a positive shift in the company's profitability outlook. This adjustment is a result of careful analysis and research conducted by the financial institution, indicating a brighter future for the retail brand.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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