Urban Outfitters (URBN): Nice Beat But After Hours Move Brings The Stock To Fair Value - Piper Jaffray

Go back to Urban Outfitters (URBN): Nice Beat But After Hours Move Brings The Stock To Fair Value - Piper Jaffray

Nomura Securities Raises Price Target on Urban Outfitters (URBN) to $33

August 17, 2016 10:15 AM EDT

Nomura Securities reiterated a Neutral rating on Urban Outfitters, Inc. (NASDAQ: URBN), and raised the price target to $33.00 (from $30.00), following the company's 2Q earnings report.

Nomura commented, "With brands & department stores across the channel talking about normalizing their inventory and distribution, URBN's comp and margin beat were... More

Wedbush Raises Price Target on Urban Outfitters (URBN) to $34; Reiterates Neutral

August 17, 2016 9:32 AM EDT

Wedbush reiterated a Neutral rating on Urban Outfitters, Inc. (NASDAQ: URBN), and raised the price target to $34.00 (from $29.00), following the company's 2Q earnings report. Top-line growth at Urban Outfitters benefited from a significant shift to exclusive/proprietary product. Customers responded to exclusive styles from adidas,... More