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

Rating:
Hold AEO

American Eagle Outfitters Inc (AEO) rated Hold with price target $9 by Wedbush Morgan

Posted on: Thursday,  Dec 18, 2008  1:25 PM ET by Wedbush Morgan

American Eagle (AEO) rated
Hold with price target $9 by Wedbush Morgan.

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.

Since 1980, WEDBUSH has used its private equity discipline to invest in under-valued and capital constrained public and private companies that have a significant potential for appreciation. The firm invests with high quality management teams with domain expertise and expects management to retain or make a personally significant equity investment.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/18/2008 1:25 PM Hold
None
10.38 9.00
as of 12/24/2008
1 Week up  50.28 %
1 Month   
3 Months   
1 YTD up  50.28 %

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