Abercrombie & Fitch Co. (NYSE: ANF) is soaring on an analyst upgrade from Credit Suisse to outperform from neutral on hopes that the teen and young adult retailer will beat its earnings estimates this week. A&F stock has now doubled from its lows of late-2008. At 8:40 AM EST we have shares up 5% at $36.85 on right at 80,000 shares. Average volume is over 4 million shares, but this is still well under half of its share price when it was a very popular growth story.
Jon C. Ogg
November 9, 2009
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