Form 8-K URBAN OUTFITTERS INC For: May 21

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CFRA Upgrades Urban Outfitters, Inc. (URBN) to Buy

May 22, 2024 1:15 PM EDT

CFRA analyst Zachary Warring upgraded Urban Outfitters, Inc. (NASDAQ: URBN) from Hold to Buy with a price target of $54.00 (from $36.00).

The analyst comments "We raise our 12-month target by $18 to $54, based on 15.0x our FY 25 (Jan.) EPS estimate and above the company's five-year... More