Abercrombie & Fitch, TJX Hit With Downgrades
November 14, 2014 at 10:54 AM EST
It’s not a good day for retailers. Abercrombie & Fitch (ANF) is just one of several names, from Wal-Mart Stores (WMT) to TJX Stores (TJX) hit with analyst downgrades. Credit Suisse analyst Christian Buss cited rising competitive pressures and declining mall traffic for his decision to cut Abercrombie to Neutral from Outperform and reducing his [...]