Urban Outfitters says comparable sales may be slower in third quarter
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Urban Outfitters (URBN) PT Bumped to $42 at Piper Jaffray
August 18, 2015 6:55 AM EDTPiper Jaffray analyst Neely J.N. Tamminga bumped her price target on Urban Outfitters, Inc. (NASDAQ: URBN) to $42.00 (from $36.00) following results but maintained a Neutral rating.
Tamminga commented, "We are adjusting our estimates on the heels of URBN's solid FQ2 results in which Anthropologie comps came in... More
Brean Capital Reiterates Buy on Urban Outfitters (URBN) Following 2Q EPS Beat
August 18, 2015 6:50 AM EDTBrean Capital reiterated a Buy rating and $46.00 price target on Urban Outfitters, Inc. (NASDAQ: URBN) following the company's 2Q16 earnings results. Q2 earnings were $0.52, exceeding Street estimates of $0.49. Total revenue increased 7% to $867M, compared to Street's $881M. The first couple weeks of August are off to a slower start as lower store comps are pulling down DTC sales that are trending in line with Q2 levels.... More
Wolfe Research Starts Urban Outfitters, Inc. (URBN) at Peerperform
August 17, 2015 4:29 PM EDTWolfe Research initiates coverage on Urban Outfitters, Inc. (NASDAQ: URBN) with a Peerperform rating and a price target of $34.00.
Analyst Adrienne Yih Tennant commented, " Tale of Two Brands. We are torn between URBNs two core brands: Urban Outfitters (UO) is coming... More
