Piper Jaffray Reiterates Overweight Rating, $56 PT on Abercrombie & Fitch Following FQ4 Report
February 22, 2013 at 09:06 AM EST
In a report published Friday, Piper Jaffray reiterated its Overweight rating and $56.00 price target on Abercrombie & Fitch Co. (NYSE: ANF ). Piper Jaffray noted, “Q4 sales were just slightly below and comparable EPS was inline. A change in inventory accounting method from retail to cost created noise in
