Urban Outfitters (URBN) Falls as Investors Pooh-Pooh Move Into Restaurant Business
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UBS Cuts Price Target on Urban Outfitters (URBN) Following Weak October
November 17, 2015 9:45 AM ESTUBS 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
November 17, 2015 8:20 AM ESTFBR 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
November 17, 2015 8:09 AM ESTStifel 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
November 17, 2015 7:33 AM ESTMizuho 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)
November 17, 2015 7:26 AM ESTNomura 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
