MidnightTrader Analyst Play: American Eagle Outfitters
American Eagle Outfitters
(
AEO |
Quote |
Chart |
News |
PowerRating) closed up 4.2% at 16.69, extending the pre-market gain seen after Banc of America Securities raised its rating on the stock to Buy vs Neutral, according to Briefing.com.
In six analyst-driven pre-market moves MidnightTrader has tracked over the last year, including today, AEO has seen its pre-bell trade widen in the same direction in the following regular session in four of those six events.
9/10/08 Pre-Market: +3% to 16.50; 9/10/08 Regular Session: +4.2% to 16.69 – BanK of America (BofA)
(
BAC |
Quote |
Chart |
News |
PowerRating) raises to Buy.
6/30/08 Pre-Market: rise to 13.79; 6/30/08 Regular Session: +0.7% 13.63 – Friedman, Billings, Ramsey
(
FBR |
Quote |
Chart |
News |
PowerRating) upgraded to Market Perform from Underperform with $15 per share price target.
6/27/08 Pre-Market: decline to 14.26; 6/27/08 Regular Session: -14.3% at 13.53 – Lazard
(
LAZ |
Quote |
Chart |
News |
PowerRating) and Oppenheimer
(
OPY |
Quote |
Chart |
News |
PowerRating) downgraded stock.
11/6/07 Pre-Market: +2.2%; 11/6/07 Regular Session: +2.7% – Citigroup
(
C |
Quote |
Chart |
News |
PowerRating) upgraded to Hold from Sell.
9/26/07 Pre-Market: +3.3%; 9/26/07 Regular Session: +5.8% – Wachovia
(
WB |
Quote |
Chart |
News |
PowerRating) upgraded to Outperform from Market Perform.
9/12/07 Pre-Market: -3.4%; 9/12/07 Regular Session: flat – Merrill Lynch
(
MER |
Quote |
Chart |
News |
PowerRating) downgraded to Sell from Neutral.
Get Midnighttrader in real time: this report is delayed. The full MidnightTrader extended-hours trading analysis and news service is available in real-time through Comtex. For more information and to signup for a free trial visit www.MidnightTrader.com/free_trial.php.
MidnightTrader is the premier source of extended-hours US equity trading analysis, news and forecasting for the retail and institutional investment community. MidnightTrader’s extended-hours analytical trading service empowers both retail and institutional equity traders by providing the information necessary to make the most informed and opportunistic investment decisions.