Abercrombie & Fitch weakness a buying opportunity, says RW Baird Baird would be buyers of Abercrombie & Fitch on weakness following Q4 results and disappointing Q1 guidance. The firm believes the company is in progress of driving significant improvements to the business and expects the low teens margins are achievable. Baird reiterates its Outperform rating and $59 price target.
Abercrombie & Fitch to debut 'athleisure' clothing line, Racked says Abercrombie & Fitch plans to debut a women's "athleisure" or activewear clothing line on July 29, reports Racked, citing company statements. Reference Link