UPDATE: FBR Capital Markets Initiates Coverage on American Eagle Outfitters on Long-Term Positive Outlook

In a report published Wednesday, FBR Capital Markets analyst Susan Anderson initiated coverage on American Eagle Outfitters (NYSE: AEO ) with a Market Perform rating and $15.00 price target. In the report, FBR Capital Markets noted, “We are initiating coverage of American Eagle Outfitters, Inc. (AEO) with a Market Perform