American Eagle weakness a buying opportunity, says Brean Capital Brean Capital would use today's weakness as a buying opportunity as they believe the company is by far the furthest along in understanding the balance between fashion and core needs as well as the importance of creating excitement of the consumer. Shares are Buy rated with a $20 price target.
American Eagle announces license agreements in Chile, Peru American Eagle Outfitters (AEO) announced plans to further expand its global retail presence with a series of licensed stores throughout Chile and Peru. The company has signed a multi-year license agreement with Eurofashion Limitada, a Chilean company and division of Cencosud (CNCO). The agreement includes American Eagle Outfitters stores, which will offer the American Eagle Outfitters and Aerie assortments. The first stores are expected to open in Chile in 3Q15 and in Peru in early 2016.