UBS Lowers Abercrombie & Fitch Price Target Amid Cautious Sales Outlook
UBS reduced its price target on Abercrombie & Fitch Co. (ANF) to $149 from $160 while retaining a Buy rating, citing a conservative sales outlook for fiscal 2026 and signs of slowing top-line trends. The firm projects fiscal 2026 EPS below the Street and anticipates muted volatility around upcoming results. Other brokers maintain generally positive…