URBN to Acquire The Vetri Family of Restaurants

UBS Cuts Price Target on Urban Outfitters (URBN) Following Weak October

UBS reiterated a Neutral rating on Urban Outfitters, Inc. (NASDAQ: URBN), and cut the price target to $23.00 (from $34.00), following the company's 3Q earnings report. URBN reported in-line EPS of $0.42. October was the weakest month in 3Q and trends have further decelerated in early... More

Urban Outfitters (URBN) Reports In-Line EPS and Restaurant Acquisition; FBR Capital Reiterates Market Perform

FBR Capital maintained a Market Perform rating on Urban Outfitters, Inc. (NASDAQ: URBN), and cut the price target to $29.00 (from $32.00), following the company's 3Q earnings report. URBN reported 3Q15 EPS of $0.42, versus consensus of $0.42. URBN also announced that it has entered into an agreement to acquire substantially all of The Vetri Family group of restaurants, including Pizzeria... More

Urban Outfitters (URBN) Weak 3Q Driven by Weather and a Lack of New Fashion; Stifel Cuts Price Target to $30

Stifel maintained a Buy rating on Urban Outfitters, Inc. (NASDAQ: URBN), and cut the price target to $30.00 (from $40.00), following the company's 3Q earnings report. URBN reported 3Q EPS of $0.42, in-line with consensus. In-line results were driven by an incentive comp reduction and a federal tax credit, which offset... More

Mizuho Securities Cuts Price Target on Urban Outfitters (URBN) Following Weak 4Q Start

Mizuho Securities maintained a Neutral rating on Urban Outfitters, Inc. (NASDAQ: URBN), and cut the price target to $20.00 (from $30.00), following a weak 4Q start. Weak October sales worsened in early November as traffic remains challenging in both retail stores and online.

Analyst... More

Nomura Securities Reiterates Neautral on Urban Outfitters (URBN)

Nomura Securities reiterated a Neutral rating on Urban Outfitters, Inc. (NASDAQ: URBN), with a price target of $22.00. With the slowing topline, URBN has managed to maintain SG&A spend relatively in line. URBN announced the acquisition of Vetri Family restaurants which include pizza and Italian... More

Urban Outfitters (URBN) Falls as Investors Pooh-Pooh Move Into Restaurant Business

Urban Outfitters (NASDAQ: URBN) is under pressure Monday (-8.8%) as investors are perplexed with the company's decision to acquire The Vetri Family group of restaurants including Pizzeria Vetri.

While the companies are calling the deal a... More