Retail Stock Flirting With Record Highs Before Earnings

Retailers are rounding out the last of the earnings season, with Abercrombie & Fitch Co (NYSE:ANF) set to announce fourth-quarter results before the open on Wednesday, March 6. The shares were last seen up 0.5% to trade at $126.65, following price-target hikes from both Jefferies and Telsey Advisory to $149 and $140 from $120 and $105, respectively.ANF earlier came just 1 cent shy of its Feb. 27, record high of $128.68, before pulling back to support near the $124 region. The equity is on track for its 12th ...