Home / Markets / Industries / Retail
Monday, November 09, 2009
Abercrombie & Fitch Raised By Credit Suisse
By Andria Cheng
MarketWatch Pulse
NEW YORK -- Abercrombie & Fitch Co. was upgraded to outperform from neutral by Credit Suisse on Monday. Analyst Paul Lejuez said the teen retailer will likely exceed Wall Street's average third-quarter profit estimate when it reports on Friday. Better-than-expected performance from the company's international Hollister stores, the SoHo and Milan flagships as well as online sales drove the upgrade, the analyst said.
Copyright © 2009 MarketWatch, Inc.
