Abercrombie & Fitch falls after Citi downgrades stock to 'neutral'

**Shares of Abercrombie & Fitch ANF.N fall about 5% to $90.72

** Brokerage Citi downgrades stock to "neutral" from "buy," citing tariff-related margin pressures

** Says ANF’s annual tariff burden may rise to $220 mln from $100 mln, driven by higher rates from key sourcing countries like Vietnam, Cambodia and Indonesia

** Citi says specialty apparel retailers will need to raise prices to offset tariff pressures, while lacking pricing power

** Seven of 12 brokerages rate ANF "buy" or "higher", five "hold;" their median PT is $112.16 — data compiled by LSEG

** Up to last close, stock down about 37% YTD