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Enter Symbol:
 
American Eagle Outfitters Inc (AEO) [hlAlert]

Rating:
Market Perform
AEO
down 15.88 %

American Eagle Outfitters Inc (AEO) downgraded to Market Perform by Wells Fargo

Posted on: Tuesday,  May 7, 2013  8:25 AM ET by Wells Fargo

Wells Fargo rated Market Perform American Eagle Outfitters Inc (NYSE: AEO) on 05/07/2013. Previously Wells Fargo rated Outperform American Eagle Outfitters Inc (NYSE:
AEO) on 10/18/2012., when the stock price was $22.60. Since then, American Eagle Outfitters Inc has lost 15.88% as of 05/07/2013's recent price of $19.01.
If you would have followed the previous Wells Fargo's recommendation on AEO, you would have lost 15.88% of your investment in 201 days.

American Eagle Outfitters, Inc. is a retailer that operates under the American Eagle Outfitters, aerie by American Eagle (aerie), 77kids by american eagle (77kids) and MARTIN + OSA brands. The Company designs, markets and sells its own brand of clothing, accessories and personal care products targeting 15 to 25 year-old customers. American Eagle also operates ae.com, which offers additional sizes, colors and styles of AE merchandise and ships to 62 countries worldwide. The American Eagle Outfitters original collection includes standards like jeans and graphic Ts, as well as essentials like accessories, outerwear, footwear, basics and swimwear under the American Eagle Outfitters, American Eagle and AE brand names. As of January 31, 2009, the Company operated 1,098 stores in the United States and Canada under the American Eagle Outfitters, aerie and MARTIN + OSA brands. In October 2008, the Company launched a new children?s apparel brand 77kids.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/7/2013 8:25 AM Hold
None
19.01
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD down  -7.31 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/18/2012 8:25 AM Buy
None
22.60
2/18/2010 8:25 AM Buy
None
16.61
1/12/2010 1:44 PM Hold
None
16.73

(*) Stock Price at the time of the recommendation.
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