FBR Capital Downgrades Abercrombie & Fitch To Market Perform

FBR Capital downgraded Abercrombie & Fitch Co. (NYSE: ANF) from Outperform to Market Perform.

The price target for Abercrombie & Fitch is set to $24.

Abercrombie & Fitch shares have dropped 48.96 percent over the past 52 weeks, while the S&P 500 index has surged 4.27 percent in the same period.

Abercrombie & Fitch shares fell 0.50 percent to $22.04 in after-hours trading.