Abercrombie & Fitch: Buy Rating Buzz Fades Fast

Abercrombie & Fitch stock jumped on a 'Buy' rating with a $120 price target, hinting at a 40% upside, fueled by a strong brand comeback and rising apparel sales. Despite the initial surge, the stock cooled, reflecting its volatile nature with over 30 major swings in the past year. While far from its 52-week high and down year-to-date, a five-year investment would have yielded a 6x return, highlighting the high-risk, high-reward potential of this retail stock. Hosted on Acast. See acast.com/privacy for more information.