American Eagle downgraded at Cowen As reported previously, Cowen downgraded American Eagle to Underperform from Market Perform. The firm sees a shift in consumer tastes for apparel leading to a heightened structural risk and rapidly declining returns. Price target lowered to $11.
American Eagle identified as favorite name for Spring at BMO Capital BMO Capital named American Eagle as its favorite apparel retailer for spring, as the firm expects the company to benefit from the ‘70s Style fashion trend. .