Urban Outfitters (URBN) PT, Estimates Cut at Maxim Group
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Stifel Trims PT on Urban Outfitters (URBN) to $38 Following Q3 Results
November 18, 2014 8:00 AM ESTStifel is out with initial commentary on Urban Outfitters (Nasdaq: URBN) following Q3 results reported Monday night. The firm maintains URBN at Buy rating, but cuts its price target from $42 down to $38.
Analyst Richard Jaffe issued the following commentary:
Tale of Two Channels Direct to consumer results were strong at the Urban Outfitters division. Consumers responded favorably to the brands improved online marketing; driving increased online traffic, higher full priced sales and lower markdowns. In contrast, Urban Outfitters stores continue to disappoint. Many of the mistakes at Urban... MoreUrban Outfitters (URBN) PT, Estimates Cut at Janney Capital on Weak Q3
November 18, 2014 7:24 AM ESTJanney Capital analyst Adrienne Yih-Tennant lowered estimates and her price target on Neutral-rated Urban Outfitters, Inc. (NASDAQ: URBN) to $31.00 (from $32.00) following weak Q3 results with the core brand under pressure.
Yih-Tennant commented, "URBN reported 3Q14 comp of -1% (vs St. -1.2%) & EPS of... More
Atlantic Equities Downgrades Urban Outfitters, Inc. (URBN) to Neutral
November 18, 2014 6:50 AM ESTAtlantic Equities downgraded Urban Outfitters, Inc. (NASDAQ: URBN) from Overweight to Neutral.
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 $30.83 yesterday.
... MoreWilliam Blair Downgrades Urban Outfitters, Inc. (URBN) to Market Perform
November 18, 2014 6:49 AM ESTWilliam Blair downgraded Urban Outfitters, Inc. (NASDAQ: URBN) from Outperform to Market Perform.
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 $30.83 yesterday.
... MoreUrban Outfitters (URBN) Misses Q3 EPS by 6c; Comps Fall 1%
November 17, 2014 4:04 PM ESTUrban Outfitters (NASDAQ: URBN) reported Q3 EPS of $0.35, $0.06 worse than the analyst estimate of $0.41. Revenue for the quarter came in at $814 million versus the consensus estimate of $813.05 million. Comparable Retail segment net sales, which include our comparable direct-to-consumer channel, decreased 1%.
Comparable Retail... More
