What Do Analysts Think About American Eagle Outfitters (AEO)?

American Eagle Outfitters, Inc. (NYSE:AEO) is one of the most undervalued retail stocks to invest in. Morgan Stanley raised the firm’s price target on American Eagle Outfitters, Inc. (NYSE:AEO) to $17 from $10 on September 18 while keeping an Equal Weight rating on the shares.

American Eagle’s (AEO) Dividend Keeps Shining Despite a Modest Share Price

The firm told investors in a research note that it updated its models for the company and a selection of other retailers following their Q2 earnings reports.​

However, in a report released on September 18, Alexandra Straton from Morgan Stanley maintained a Hold rating on American Eagle Outfitters, Inc. (NYSE:AEO) and set a price target of $17.00.

In addition to Morgan Stanley, BTIG’s Janine Stichter also assigned a Hold rating to American Eagle Outfitters, Inc. (NYSE:AEO) in a report issued the same day.

American Eagle Outfitters, Inc. (NYSE:AEO) is a global specialty retailer that offers clothing, accessories, and personal care products. Its brand portfolio includes American Eagle and Aerie brands.

American Eagle operates as a jeans and apparel brand, while Aerie offers lifestyle items such as apparel, intimates, activewear, and swim collections.

While we acknowledge the potential of AEO to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AEO and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.