American Eagle Outfitters Stock (AEO): $42 Price Target From Jefferies

By Amit Chowdhry ● Dec 3, 2021
  • The shares of American Eagle Outfitters Inc (NYSE: AEO) have received a price target of $42 from Jefferies. These are the details.

The shares of American Eagle Outfitters Inc (NYSE: AEO) have received a price target of $42 from Jefferies. And Jefferies analyst Corey Tarlowe assumed coverage of American Eagle with a “Buy” rating.

Tarlowe sees American Eagle’s core business as a share gainer and a strong cash flow generating asset. And Tarlowe views Aerie as a growth vehicle that can generate meaningful revenue growth over the medium term.

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