🟢 Abercrombie & Fitch is trading 4.01% up in pre-market after Jefferies raised price target to $175

Abercrombie & Fitch is trading 4.01% up at $151.60 after Jefferies raised its price target to $175 from $135 while maintaining a Buy rating.

• The new target implies 18% upside from the August 27 close.
• The move also reflects continued reaction to the August 26 earnings report, which showed record second-quarter sales beating expectations.
• Management raised fiscal 2026 sales and EPS guidance; Reuters said the increase followed resilient apparel demand and tariff refunds.