Abercrombie & Fitch (ANF) PT Raised to $78 at Barclays

Barclays analyst Adrienne Yih raised the price target on Abercrombie & Fitch (NYSE: ANF) to $78.00 (from $76.00) while maintaining a Underweight rating.

The analyst comments "ANF missed on sales but beat on GM & EPS ($1.47 vs. Street $1.28). Comp sales inflected negative (-1%), with topline pressure due to 1) declines in the EMEA region from the Middle East conflict and 2) the negative impact from an ERP implementation. Guidance was reiterated for FY26 sales and EPS."

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