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Morgan Stanley Downgrades American Eagle Outfitters Inc (AEO) to an Equal-weight from an Overweight

American Eagle Outfitters Inc’s recently made public that its Director MCMILLAN CARY D unloaded Company’s shares for reported $48044.0 on Jan 16 ’25. In the deal valued at $16.02 per share,2,999 shares were sold. As a result of this transaction, MCMILLAN CARY D now holds 0 shares worth roughly $0.0.

Then, MCMILLAN CARY D bought 2,999 shares, generating $48,044 in total proceeds.

Before that, MCMILLAN CARY D sold 2,283 shares. American Eagle Outfitters Inc shares valued at $49,057 were divested by the Director at a price of $21.49 per share. As a result of the transaction, MCMILLAN CARY D now holds 0 shares, worth roughly $0.0.

Morgan Stanley downgraded its American Eagle Outfitters Inc [AEO] rating to an Equal-weight from a an Overweight in a research note published on February 05, 2025; the price target was decreased to $17 from $19. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in late January from “an Underweight” to “an Equal-weight”. Telsey Advisory Group also remained covering AEO and reiterated its “Market perform” recommendation on January 14, 2025. Raymond James started covering the stock on December 13, 2024. It rated AEO as “a Mkt perform”.

Price Performance Review of AEO

On Friday, American Eagle Outfitters Inc [NYSE:AEO] saw its stock jump 0.94% to $13.90. Over the last five days, the stock has lost -3.20%. American Eagle Outfitters Inc shares have fallen nearly -16.62% since the year began. Nevertheless, the stocks have fallen -38.08% over the past one year. While a 52-week high of $26.44 was reached on 01/24/25, a 52-week low of $13.64 was recorded on 02/21/25. SMA at 50 days reached $16.14, while 200 days put it at $19.53.

Levels Of Support And Resistance For AEO Stock

The 24-hour chart illustrates a support level at 13.81, which if violated will result in even more drops to 13.72. On the upside, there is a resistance level at 13.99. A further resistance level may holdings at 14.08. The Relative Strength Index (RSI) on the 14-day chart is 31.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.75, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.96%. Stochastics %K at 9.05% indicates the stock is a buying.

The most recent change occurred on December 05, 2024 when Telsey Advisory Group resumed its ‘”a Market perform”‘ rating for the stock and retained the price target to $20.

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