Needham Initiates Coverage of Abercrombie & Fitch Co. (ANF) With a Buy Rating

2 hours ago 1

Noor Ul Ain Rehman

Thu, April 2, 2026 astatine 9:46 AM CDT 2 min read

Abercrombie & Fitch Co. (NYSE:ANF) is 1 of the astir undervalued retail stocks to put successful now. On March 26, Needham initiated sum of Abercrombie & Fitch Co. (NYSE:ANF) with a Buy standing and a $108 terms target. The steadfast told investors successful a probe enactment that the company’s fundamentals are stabilizing aft a challenging fiscal 2025, with the Abercrombie brand’s comp income “dramatically” improving successful caller quarters. According to the firm, they could bounce backmost into affirmative territory soon, and frankincense it sees a “compelling risk/reward” astatine existent valuation levels.

Jim Cramer Says Abercrombie & Fitch Co. (ANF) Could Go Bonkers If the Brand Turns

In different development, Jefferies chopped the terms people connected Abercrombie & Fitch Co. (NYSE:ANF) to $130 from $135 connected March 4, but maintained a Buy standing connected the shares. It told investors that portion the institution delivered “a coagulated Q4” and FY27 guidance implying 3%-5% income maturation and double-digit margins contempt tariffs, it is besides important to enactment that the fiscal Q1 ERP disruption and continued tariff headwinds adhd uncertainty. Still, the steadfast believes that the underlying net powerfulness is “sustainable”, adding that it sees the existent volatility creating an opportunity.

Abercrombie & Fitch Co. (NYSE:ANF) is simply a planetary omnichannel retailer that offers an assortment of apparel, idiosyncratic attraction products, and accessories for women, men, and kids. Its marque portfolio includes Abercrombie brands, which see Abercrombie & Fitch and abercrombie kids, and Hollister brands, including Hollister and Gilly Hicks.

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