JP Morgan Turns Cold On Abercrombie & Fitch, Bath & Body Works: Here's Why
Shifting consumer habits are reshaping the retail landscape, as spending patterns reveal unexpected winners and laggards in the marketplace. JPMorgan analyst Matthew R. Boss downgraded Abercrombie Fitch Company (NYSE:ANF) and Bath Body Works, Inc. (NYSE:BBWI) following its recent fieldwork and intra-quarter management access.
Benzinga ·