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Analysts Wax Bullish on These 2 Big-Name Stocks
AEOAmerican Eagle Outfitters(AEO) Schaeffers Research·2024-04-09 14:24

Shares of American Eagle Outfitters Inc (NYSE:AEO) and Moslon Coors Beverage Co (NYSE:TAP) are both higher after being upgraded.At last glance, AEO is up 0.9% at 24.64followingabullnotefromJ.P.MorganSecurities.Theanalystupgradedtheequityto"overweight"from"neutral"andhikeditspricetargetto24.64 following a bull note from J.P. Morgan Securities. The analyst upgraded the equity to "overweight" from "neutral" and hiked its price target to 31 from 26,citingstrongmomentumforthecompanysportfolioandpotentialforrevenuegrowththankstoa"multiyearconservatism"plan.WhileAmericanEaglestockopenedat26, citing strong momentum for the company's portfolio and potential for revenue growth thanks to a "multi-year conservatism" plan.While American Eagle stock opened at 25.25, it's pulling ...