Citi Downgrades Urban Outfitters (URBN) Two Notches to Sell

Citi lowered Urban Outfitters, Inc. (Nasdaq: URBN) two notches from Buy to Sell, and removed from its Top Picks Live list.

Citi said the departure of CEO Glen Senk "puts a major dent in our near-term confidence that a turn is indeed at hand.""

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 $29.41 yesterday.

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Piper Sandler Double Downgrades Myriad Genetics (MYGN) to Underweight, 'Major Strategic Action Likely Needed'
• CLSA Downgrades Samsung Biologics (207940:KS) to Outperform (2)
• UBS Downgrades Shanghai Chicmax Cosmetic (2145:HK) to Neutral