- Quiet Platforms, a wholly-owned subsidiary of American Eagle Outfitters Inc (NYSE:AEO), has launched a partnership with DHL eCommerce Solutions to offer a new delivery service. DHL is part of Deutsche Post (OTC:DPSTF) DHL Group.
- The service will be available exclusively to retailers and brands in the Quiet Platforms network.
- The service is slated to reach 93% of postal codes across Quiet Platforms’ national network.
- The two companies will also collaborate to develop new delivery services for future rollout.
- Price Action: AEO shares are trading lower by 2.35% at $11.82 on the last check Tuesday.
Rosenblatt Maintains Buy on PTC, Raises Price Target to $170
Rosenblatt analyst Blair Abernethy maintains PTC (NASDAQ:PTC) with a Buy and raises the price target from $160 to $170.