Why Goldman Sachs Downgraded Abercrombie & Fitch, American Eagle Outfitters
October 24, 2014 at 13:33 PM EDT
This should be a good time for consumers–and consumer stocks like Abercrombie & Fitch (ANF), American Eagle Outfitters (AEO) and Aeropostale (ARO)–given what should be a solid economic backdrop. But no dice. ZUMAPRESS.com Goldman Sachs’ analyst Lindsay Drucker Mann and team don’t quite know what’s gone wrong but they don’t think it will get better. [...]