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Actionable news in AEO: AMERICAN EAGLE OUTFITTERS,

American Eagle (AEO) Stock Gains on Ratings Upgrade Ahead of Q2 Results

NEW YORK (TheStreet) -- Shares of American Eagle Outfitters (AEO) were advancing in pre-market trading on Monday after Deutsche Bank upgraded the stock to "buy" from "hold" ahead of the retailer's 2016 second-quarter earnings report on Wednesday.

The firm hiked its price target on shares of the Pittsburgh-based company to $23 from $20.

"We believe AEO can outperform through the balance of the year driven by compelling innovation-led women's merchandising, upside at aerie which is gaining market share, improvement in men's, online acceleration, positive mix...


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