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Enter Symbol:
 
Abercrombie & Fitch Company (ANF) [hlAlert]

Rating:
Market Perform
ANF
down 30.75 %

Abercrombie & Fitch Company (ANF) downgraded to Market Perform by Wells Fargo

Posted on: Friday,  Nov 22, 2013  8:25 AM ET by Wells Fargo

Wells Fargo rated Market Perform Abercrombie & Fitch Company (NYSE: ANF) on 11/22/2013. Previously Wells Fargo rated Outperform Abercrombie & Fitch Company (NYSE:
ANF) on 05/07/2013., when the stock price was $49.71. Since then, Abercrombie & Fitch Company has lost 30.76% as of 11/22/2013's recent price of $34.42.
If you would have followed the previous Wells Fargo's recommendation on ANF, you would have lost 30.75% of your investment in 199 days.

Abercrombie & Fitch Co. is principally engaged in the purchase, distribution and sale of men's, women's and kids' casual apparel. The company's retail activities are conducted under the Abercrombie & Fitch and abercrombie trade names through retail stores, a catalogue, a magazine/catalogue and a website, all bearing some form of the company name. Merchandise is targeted to appeal to customers in specialtymarkets who have distinctive consumer characteristics.

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
11/22/2013 8:25 AM Hold
None
34.42
as of 12/13/2013
1 Week   
1 Month down  -2.29 %
3 Months down  -7.52 %
1 YTD down  -30.75 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/7/2013 8:25 AM Buy
None
49.71
1/12/2010 1:44 PM Hold
None
32.20

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