Consumers Have Strained From Non-Necessity Retailers
Recent retail earnings showed a good deal of doom and gloom signs of a weakened consumer spending. Both Macy’s Inc (NYSE: M) and Nordstrom Inc (NYSE: JWN) saw falling digital sales.
The Latest Analyst Ratings for American Eagle Outfitters
American Eagle Outfitters (NYSE:AEO) has observed the following analyst ratings within the last quarter: Bullish Somewhat Bullish Indifferent…
American Eagle Outfitters Q4 EPS $0.37 Beats $0.30 Estimate, Sales $1.496B Beat $1.48B Estimate
American Eagle Outfitters (NYSE:AEO) reported quarterly earnings of $0.37 per share which beat the analyst consensus estimate of $0.30 by 23.33 percent. This is a 5.71 percent increase over earnings of $0.35 per share
Earnings Scheduled For March 1, 2023
Companies Reporting Before The Bell
• Globalstar (AMEX:GSAT) is expected to report quarterly loss at $0.01 per share on revenue of $38.75 million.
Telsey Advisory Group Reiterates Market Perform on American Eagle Outfitters, Maintains $17 Price Target
Telsey Advisory Group analyst Dana Telsey reiterates American Eagle Outfitters (NYSE:AEO) with a Market Perform and maintains $17 price target.
Jefferies Downgrades American Eagle Outfitters to Hold, Lowers Price Target to $16
Jefferies analyst Corey Tarlowe downgrades American Eagle Outfitters (NYSE:AEO) from Buy to Hold and lowers the price target from $18 to $16.
JP Morgan Maintains Neutral on American Eagle Outfitters, Raises Price Target to $17
JP Morgan analyst Matthew Boss maintains American Eagle Outfitters (NYSE:AEO) with a Neutral and raises the price target from $15 to $17.
Baidu To $180? Plus This Analyst Cuts PT On MacroGenics By 56%
Mizuho cut the price target on Baidu, Inc. (NASDAQ: BIDU) from $200 to $180. Mizuho analyst James Lee maintained the stock with a Buy rating. Baidu shares rose 2.5% to trade at $97.49 on Wednesday.
Barclays Maintains Equal-Weight on American Eagle Outfitters, Raises Price Target to $17
Barclays analyst Adrienne Yih maintains American Eagle Outfitters (NYSE:AEO) with a Equal-Weight and raises the price target from $11 to $17.
Why American Eagle Outfitters Shares Climbed Over 18%; Here Are 78 Biggest Movers From Yesterday
Gainers
Cosmos Holdings Inc. (NASDAQ: COSM) jumped 86.9% to close at $0.3275 on Tuesday after jumping 21% on Monday. Cosmos Health agreed to sell its Sky Premium Life Luxury food supplement brand on Iberian Airlines' in-flight magazine, Ronda.