Abercrombie & Fitch Stock Surges as JPMorgan Adds To 'Positive Catalyst Watch'

Key TakeawaysAbercrombie & Fitch was added to JPMorgan's "Positive Catalyst Watch" list on growth by the apparel retailer's Hollister brand.The analysts also raised the price target to $195 from $194, while keeping their "overweight" rating on the stock.The analysts also liked comments from CEO Fran Horowitz about the start of the third quarter and back to school sales. Abercrombie & Fitch (ANF) shares surged Friday as JPMorgan added the apparel retailer to its "Positive Catalyst Watch" list and raised the ...