Wolfe Research initiated coverage on Abercrombie & Fitch (ANF) this week. The firm assigned an "Outperform" rating to the retailer.
This rating reflects a positive outlook on the company's growth and market position.
Wolfe Research set a price target of $181.00 for ANF's stock.
This analyst action follows a period of strong performance for the apparel company. ANF's stock has traded near 12-month highs.