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Evolving Abercrombie & Fitch draws notice from Wall Street

Aug. 12, 2014 9:21 AM ETAbercrombie & Fitch Co. (ANF) StockANFBy: Clark Schultz, SA News Editor1 Comment
  • Shares of Abercrombie & Fitch (NYSE:ANF) perk up after Wunderlich Securities initiates coverage on the retailer with a Buy rating.
  • The investment firm has a $48 price target on shares.
  • What to watch: Wall Street is slowly warming up to the teen apparel seller as management takes more deliberate measures to evolve.
  • ANF +2.7% premarket

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