URBN Launches Nuuly, a Subscription Rental Service for Women’s Apparel

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Urban Outfitters, Inc. (URBN) PT Lowered to $28 at Nomura/Instinet

May 22, 2019 7:10 AM EDT

Nomura/Instinet analyst Simeon Siegel lowered the price target on Urban Outfitters, Inc. (NASDAQ: URBN) to $28.00 (from $32.00) while maintaining a Neutral rating. Although valuation sits near all-time lows, GM contraction and QTD trends
raise concerns over URBNs ability to counter a long-term challenging environment.... More