UPDATE: Bank of America Downgrades Abercrombie & Fitch Following Analyst Day
November 07, 2013 at 09:43 AM EST
In a report published Thursday, Bank of America analyst Paul Alexander downgraded the rating on Abercrombie & Fitch (NYSE: ANF ) from Buy to Underperform, and lowered the price target from $48.00 to $30.00. In the report, Bank of America noted, “Abercrombie held an analyst day where we expected to
