UPDATE: FBR Capital Markets Initiates Coverage on Abercrombie & Fitch on Positive Outlook

In a report published Wednesday, FBR Capital Markets analyst Susan Anderson initiated coverage on Abercrombie & Fitch Co. (NYSE: ANF ) with an Outperform rating and $43.00 price target. In the report, FBR Capital Markets noted, “We are initiating coverage of Abercrombie & Fitch Co. (ANF) with an Outperform rating