Video: Abercrombie & Fitch Shares Surged 57% So Far This Year
Abercrombie & Fitch shares are up 57% since the start of 2018, compared to the S&P 500's gain of 0.5%.
Abercrombie & Fitch (ANF) - Get Report shares are up 57% since the start of 2018, compared to the S&P 500's gain of 0.5%.
The retailer is set to open 21 stores this year and Argus Research's Marisa Janeczek thinks customer demand is high enough to justify the store openings.
Argus 12-month price target is $35. The stock currently trades near $27.
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