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Abercrombie & Fitch Company (ANF) [hlAlert]

Sector Perform

Abercrombie & Fitch Company (ANF) rated Sector Perform with price target $61 by RBC Dain Rauscher

Posted on: Friday,  Aug 8, 2008  9:25 AM ET by RBC Dain Rauscher

Abercrombie (ANF) rated Sector Perform
with price target $61 by RBC Dain Rauscher .

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 Company offers full service brokerage and investment banking services to individual, institutional, corporate, and government clients. Additionally, the Company conducts principal trading primarily in municipal bonds and other fixed income securities. The Company also provides asset management services for its customers and clearing services to correspondent firms introduced through its RBC Correspondent Services division. The Company carries all customer accounts of the introducing brokers and extends margin credit to its customers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/8/2008 9:25 AM Hold
49.50 61.00
as of 12/24/2008
1 Week up  6.28 %
1 Month up  6.64 %
3 Months up  26.92 %
1 YTD down  -48.76 %

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