Why The Fall In American Eagle's Stock Is Warranted Despite Strong Q2 Results

We believe that investors were overly optimistic about the company, which is evident from our $15.30 price estimate for the company, which is now about 5% below the current market price. Also, there are a couple of factors that can suppress American Eagle's bottom line growth going forward, thus keeping a check on its growth potential. Another reason behind the fall in stock price appears to be the exit of American Eagle's chief marketing officer, Michael Leedy, who played a pivotal role in the ...