Stifel Reiterates Buy on Urban Outfitters (URBN) Following 2Q
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Nomura Securities Raises Price Target on Urban Outfitters (URBN) to $33
August 17, 2016 10:15 AM EDTNomura Securities reiterated a Neutral rating on Urban Outfitters, Inc. (NASDAQ: URBN), and raised the price target to $33.00 (from $30.00), following the company's 2Q earnings report.
Nomura commented, "With brands & department stores across the channel talking about normalizing their inventory and distribution, URBN's comp and margin beat were... More
Wedbush Raises Price Target on Urban Outfitters (URBN) to $34; Reiterates Neutral
August 17, 2016 9:32 AM EDTWedbush reiterated a Neutral rating on Urban Outfitters, Inc. (NASDAQ: URBN), and raised the price target to $34.00 (from $29.00), following the company's 2Q earnings report. Top-line growth at Urban Outfitters benefited from a significant shift to exclusive/proprietary product. Customers responded to exclusive styles from adidas,... More
Cowen Raises Price Target on Urban Outfitters (URBN) Following 2Q EPS Beat
August 17, 2016 8:13 AM EDTCowen reiterated a Market Perform rating on Urban Outfitters, Inc. (NASDAQ: URBN), and raised the price target to $37.00 (from $28.00), following the company's 2Q earnings report. EPS results came in ahead of the Street at $0.66 vs. Consensus estimates of $0.55.
Analyst Oliver Chen commented, "We like... More
Wall St. ends up slightly as Fed minutes show split over rate timing
August 17, 2016 7:26 AM EDTBy Caroline Valetkevitch
(Reuters) - U.S. stocks ended slightly higher on Wednesday after minutes from the Federal Reserve's last policy meeting showed voting members divided over whether to raise interest rates soon.
While policymakers agree that more economic data is needed before raising rates, some expect a hike will be needed soon, according to the minutes from the U.S. central bank's July 26-27 policy meeting.
On Tuesday, stocks slipped after New York Fed President William Dudley said a rate hike as soon as September was possible given evidence of wage gains.
Shares of... More
Mizuho Securities Raises Price Target on Urban Outfitters (URBN) to $32 Following 2Q Beat
August 17, 2016 6:55 AM EDTMizuho Securities reiterated a Neutral rating on Urban Outfitters, Inc. (NASDAQ: URBN), and raised the price target to $32.00 (from $28.00), following the company's 2Q earnings report. URBN reported EPS of $0.66, above consensus $0.55 estimates. Notes suggest September was best LY, followed by August and then October.... More
Evercore ISI Upgrades Urban Outfitters, Inc. (URBN) to Buy
August 17, 2016 6:50 AM EDTEvercore ISI upgraded Urban Outfitters, Inc. (NASDAQ: URBN) from Hold to Buy with a price target of $45.00 (from $33.00).
For an analyst ratings summary and ratings history on Urban Outfitters, Inc. click here. For more ratings news on Urban Outfitters, Inc. click here.
Shares of Urban Outfitters, Inc. closed at $31.24 yesterday.
... MoreFBR Affirms Urban Outfitters (URBN) at 'Market Perform'; Q2 Retail Markdowns Notable, but Wholesale Strong
August 17, 2016 6:20 AM EDTFBR & Co. affirms Urban Outfitters (Nasdaq: URBN) at Market Perform with a price target of $31 following Q2 results on Tuesday night.
The firm noted the following key points:
3Q/2016 guidance. Management expects UO and Anthro to drive 3Q16 GM leverage (likely ~100 bps), partially offset by FP. It guided SG&A dollars to increase +LDD in... MoreStocks with Implied Volatility Movement
August 17, 2016 4:13 AM EDTUrban Outfitters (NASDAQ: URBN) implied volatility has had increased movement
... MoreAfter-Hours Stock Movers 8/16: (URBN) (AEO) (LL) (WLDN) (OSIS) (MEET) Higher; (CREE) (INCR) (PLKI) (SO) (VNET) Lower
August 16, 2016 5:21 PM EDTUrban Outfitters (NASDAQ: URBN) +10.3%; reported Q2 EPS of $0.66, $0.10 better than the analyst estimate of $0.56. Revenue for the quarter came in at $890.6 million versus the consensus estimate of $886.84 million.
American Eagle Outfitters (NYSE: AEO) +2.3%; reports pre-market.Lumber Liquidators (NYSE: LL) +6.9%; announced the final resolution of the Proposition 65 lawsuit originally filed on July 23, 2014, in the Superior Court of the State of... More
Urban Outfitters (URBN) Tops Q2 EPS by 10c
August 16, 2016 4:13 PM EDTUrban Outfitters (NASDAQ: URBN) reported Q2 EPS of $0.66, $0.10 better than the analyst estimate of $0.56. Revenue for the quarter came in at $890.6 million versus the consensus estimate of $886.84 million.
"Comparable Retail segment net sales, which include our comparable direct-to-consumer channel, increased 1%. Comparable Retail segment... More
Urban Outfitters (URBN) August volatility at 105 into Q2 and outlook
August 16, 2016 5:20 AM EDTUrban Outfitters (NASDAQ: URBN) August call option implied volatility is at 105, September is at 51; compared to its 52-week range of 27 to 65 into the expected release of Q2 results today after the market close.
... MoreTrading Radar for 8/16: Home Depot (HD), Dick's Sporting Goods (DKS), Urban Outfitters (URBN), TJX Cos. (TJX) Report
August 15, 2016 2:38 PM EDTThe Trading Radar highlights key earnings and economic announcements for the next trading session:
Before Markets Open:
Economics:
8:30am EDT
9:15am... More