Abercrombie & Fitch added to Franchise List at Jefferies Jefferies added Abercrombie & Fitch to its Franchise List, making the stock one of its highest conviction calls. The firm believes A&F is positioned well for operating margin expansion and earnings growth and it views the stock's risk/reward as very attractive at current levels. Jefferies reiterates a Buy rating on Abercrombie with a $60 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