Urban Outfitters (URBN) Holiday Comps Fell 2%

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Urban Outfitters (URBN) Reports Negative Comps, Piper Jaffray Reiterates Neutral

January 8, 2016 7:15 AM EST

Piper Jaffray analyst, Neely Tamminga, reiterated the Neutral rating on Urban Outfitters, Inc. (NASDAQ: URBN) shares after the company announced holiday sales comps of -2% compared with Piper's estimate of -4% for the quarter. The price target was trimmed.

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