Barclays Maintains American Eagle Outfitters Underweight Recommendation Amidst 19.75% Projected Downside

Barclays has maintained a Underweight recommendation for American Eagle Outfitters (AEO) and predicts a 19.75% downside from its latest closing price of $20.83/share. The average one-year price target is $16.72/share, with a projected annual revenue of 5,522MM and EPS of 1.69. There are 667 funds reporting positions in AEO, with an average portfolio weight of 0.11%. The put/call ratio is 0.56, indicating a bullish outlook.