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Morgan Stanley Cuts Abercrombie & Fitch
Aggressive discounts and unseasonably warm weather are prompting Morgan Stanley to cut its estimates and price target on Abercrombie & Fitch. The stock is dropping today, down more than 5% year-to-date. Kimberly Greenberger, of Morgan Stanley, discusses.
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Morgan Stanley Cuts Abercrombie & Fitch
Aggressive discounts and unseasonably warm weather are prompting Morgan Stanley to cut its estimates and price target on Abercrombie & Fitch. The stock is dropping today, down more than 5% year-to-date. Kimberly Greenberger, of Morgan Stanley, discusses.
Date: 1/30/12
Views: 3006
Video by:  CNBC
 
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