American Eagle Outfitters (AEO +1.8%) stands to gain after opening up new markets in the Middle...

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

American Eagle Outfitters (AEO +1.8%) stands to gain after opening up new markets in the Middle East with its plans to open stores in Morocco, Jordan, and Egypt, as well as adding to its presence in Saudia Arabia and Lebanon. The Trefis Team sees shares hitting $18 as AEO relieves some of its domestic margin pressure through improved international sales.