Jefferies downgrades American Eagle Outfitters, sees the apparel stock struggling in a recession

Analyst Randal J. Konik downgraded the retailer to hold from buy, citing the company's exposure to a slowdown in consumer spending.

Jefferies downgrades American Eagle Outfitters, sees the apparel stock struggling in a recession
Analyst Randal J. Konik downgraded the retailer to hold from buy, citing the company's exposure to a slowdown in consumer spending.