UBS Reiterates Neutral Rating on Urban Outfitters, Inc. (URBN)

UBS analyst Jay Sole reiterated a Neutral rating and $60.00 price target on Urban Outfitters, Inc. (NASDAQ: URBN).

The analyst commented, "URBN delivered a 4Q EPS beat and offered a constructive CY25 outlook. This causes us to boost our CY25-CY27 EPS estimates 7%-9%. However, we think the current stock price suggests the market's view around URBN's earning potential is similar to ours. There could be more upside than downside EPS surprise potential at URBN. However, current market fears around slowing macroeconomic growth likely make investors hesitant to price in future upside. This is especially relevant for URBN given the market typically perceives specialty retail as highly-levered to macroeconomic volatility. Thus, we maintain our Neutral rating. If macro fears dissipate and the 2nd derivative in URBN's sales growth rate looks like it will improve, we may reconsider our view."

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 $57.25 yesterday.

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