- Citi is pushing the mall merger theme in a note issued this morning.
- The firm thinks American Eagle Outfitters (NYSE:AEO) should "take notice" after Abercrombie & Fitch (NYSE:ANF) reported flat comparable sales for Q2 and guided for a range of flat to +2% for the full year.
- While AEO-ANF merger talk has circulated off and on for years, Citi recharged the rumors about two weeks ago.
- ANF +1.59% premarket to $14.68. AEO +0.89% to $17.10.