** Shares of American Eagle Outfitters AEO.N slump 11.2% to $19.94
** Global specialty retailer forecast annual sales above estimates on Wednesday, betting on marketing-driven demand for its apparel and accessories from affluent shoppers, even as pressures linger from import duties in U.S.
** J.P. Morgan maintains "neutral" stance on the stock, says "digging deeper, consolidated comp growth was tempered by slight underperformance at the AE brand (despite the brand running deeper promotions year over year in the denim category, notably in Women's)"
** Co's Q4 net revenue of $1.76 billion edged past estimates of $1.74 billion
** 13 analysts rate the stock "hold" on average; median PT is $25 - data compiled by LSEG
** As of last close, AEO is down ~15% this year
(Reporting by Akriti Shah in Bengaluru)
((akriti.shah@thomsonreuters.com))
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