Shares of Abercrombie and Fitch weren’t looking so great on Thursday after JPMorgan decided to slash its rating on the apparel company. The firm downgraded the stock from “neutral” to “underweight” and even slashed its price target from $12 to $10. JPMorgan analysts wrote, “Management sees no silver bullets to sustainable operating profit expansion citing … Continue reading “Abercrombie & Fitch Gets a Downgrade from JPMorgan”
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