Wedbush Remains Sidelined on Urban Outfitters (URBN) as Margins Drive 4Q Upside

Brean Capital Reiterates Buy Following Urban Outfitters' (URBN) Better-Than-Expected 4Q

March 8, 2016 9:52 AM EST

Brean Capital reiterated a Buy rating on Urban Outfitters, Inc. (NASDAQ: URBN), and raised the price target to $35.00 (from $32.00), following the company's 4Q earnings report. URBN reported earnings of $0.61, beating the consensus estimate of $0.56. The beat was due to better-than-expected improvement in GM, and lower share count with 4.3m shares repurchased/retired... More

Oil drop, China data drag Wall Street lower

March 8, 2016 7:19 AM EST

By Rodrigo Campos

(Reuters) - U.S. stocks ended near the lows of the day on Tuesday as energy shares tumbled alongside the price of oil and soft Chinese trade data rekindled fears that the global economy is weaker than anticipated.

U.S. crude futures fell more than 4 percent in post-settlement trading, in their largest daily decline since bottoming so far for the year on Feb. 11. Since that low, the U.S. barrel of crude rose as much as 45.5 percent.

Despite the rebound in crude prices, oversupply and expectations of weak demand from China have... More

Mizuho Securities Raises Price Target on Urban Outfitters (URBN) Following a 4Q EPS Beat

March 8, 2016 6:53 AM EST

Mizuho Securities reiterated a Neutral rating on Urban Outfitters, Inc. (NASDAQ: URBN), and raised the price target to $30.00 (from $20.00), following the company's 4Q. URBN reported EPS of $0.61 vs. $0.60 LY was above consensus $0.56 estimate.

Analyst Betty Chen commented, "We are raising our estimates and PT to... More

Cowen Raises Price Target on Urban Outfitters (URBN) to $33 Following 4Q

March 8, 2016 6:47 AM EST

Cowen reiterated a Market Perform rating on Urban Outfitters, Inc. (NASDAQ: URBN), and raised the price target to $33.00 (from $25.00), following the company's 4Q. Stock could trade +HSD on 4Q EPS beat.

Analyst Oliver Chen commented, "Value Creation Thru Speedier Supply Chain, Renewed Customer Focus,... More

After-Hours Stock Movers 03/07: (XNCR) (LNCO) (URBN) Higher; (ACRX) (SHAK) (ILMN) Lower (more...)

March 7, 2016 6:03 PM EST

Xencor, Inc. (NASDAQ: XNCR) 30.4% HIGHER; announced dosing the first patient in a Phase 2 trial of XmAb®5871 in patients with IgG4-Related Disease (IgG4-RD). The Company also announced dosing the first patient in a Phase 2 trial of XmAb5871 in patients with Systemic Lupus Erythematosus (SLE).

Linn Co, LLC (NASDAQ: LNCO) 14.6% HIGHER; adds to recent gains, including today's 109% surge.

AcelRx Pharma (NASDAQ: ACRX) 12.5% LOWER; reported Q4 EPS of ($0.24), $0.14... More

UPDATE: Urban Outfitters (URBN) Tops Q4 EPS by 5c

March 7, 2016 4:07 PM EST

(Updated - March 7, 2016 4:10 PM EST)

Urban Outfitters (NASDAQ: URBN) reported Q4 EPS of $0.61, versus the analyst estimate of $0.56. Revenue for the quarter came in at $1.01 billion versus the consensus estimate of $1.02 billion.

For earnings history and earnings-related data on Urban Outfitters (URBN) click here.

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