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Morgan Stanley Cuts Abercrombie & Fitch

Morgan Stanley Cuts Abercrombie & Fitch

Aggressive discounts and unseasonably warm weather are prompting Morgan Stanley to cut its estimates and price target on Abercrombie & Fitch. The stock is dropping today, down more than 5% year-to-date. Kimberly Greenberger, of Morgan Stanley, discusses.

CNBC | January 30, 2012Watch more videos from CNBC

Tags:. .unseasonably. .abercrombie. .fitch. .aggressive. .prompting

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