Abercrombie & Fitch is trading 8.8% up in pre-market at $153.01 after UBS raised its price target to $185 from $153 while maintaining a Buy rating, citing durable growth prospects and projecting 13% five-year EPS growth.
- The analyst action follows the August 26 earnings beat, raised full-year outlook, and expanded buyback target.
- Broader markets are slightly weaker, so the move appears primarily company-specific.