- RBC Capital initiates coverage on Abercombie & Fitch (NYSE:ANF) with an Underperform rating.
- The investment firm sets a price target of $17 on the retailer.
- RBC isn't bearish on the sector as a whole as it steps in with strong initiations on American Eagle Outfitters (NYSE:AEO), Urban Outfitters (NASDAQ:URBN), and Lululemon (NASDAQ:LULU) at Outperform.
Three winners and one loser seen in specialty retail by RBC Capital
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Symbol | Last Price | % Chg |
---|---|---|
ANF | - | - |
Abercrombie & Fitch Co. |