UPDATE: Citigroup Reiterates on Abercrombie & Fitch on Continued Cautious Stance
November 22, 2013 at 10:21 AM EST
In a report published Friday, Citigroup analyst Oliver Chen reiterated a Neutral rating on Abercrombie & Fitch Co. (NYSE: ANF ), and raised the price target from $35.00 to $37.00. In the report, Citigroup noted, “ANF has done a good job identifying priorities for improving comp & full price selling.