American Eagle Outfitters rallies after upgrade

|About: American Eagle Outfitters... (AEO)|By:, SA News Editor

American Eagle Outfitters (AEO) is upgraded by Janney Capital to a Buy rating from Neutral.

The investment firm thinks the retailer is well-positioned compared to peers with a strong brand that could prove to be resilient in 2014.

AEO +2.9% premarket.