URBN Reports Record Q2 Sales
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Urban Outfitters, Inc. (URBN) PT Lowered to $47 at Baird
August 22, 2024 6:44 AM EDTBaird analyst Mark Altschwager lowered the price target on Urban Outfitters, Inc. (NASDAQ: URBN) to $47.00 (from $50.00) while maintaining a Neutral rating.
The analyst comments "Maintain Neutral rating. URBN delivered a ~24% earnings beat driven by big gross margin upside (sales ~in-line with ~1% comp shortfall)... More
Urban Outfitters, Inc. (URBN) PT Lowered to $46 at BofA Securities
August 22, 2024 6:23 AM EDTBofA Securities analyst Lorraine Hutchinson lowered the price target on Urban Outfitters, Inc. (NASDAQ: URBN) to $46.00 (from $52.00) while maintaining a Buy rating.
The analyst comments "URBN reported 2Q EPS of $1.24, beating our/Visible Alpha estimates of $0.95/$0.97 driven by better gross margin (GM) and strong... More
Urban Outfitters, Inc. (URBN) PT Lowered to $38 at Morgan Stanley
August 22, 2024 5:46 AM EDTMorgan Stanley analyst Alex Straton lowered the price target on Urban Outfitters, Inc. (NASDAQ: URBN) to $38.00 (from $40.00) while maintaining a Equalweight rating.
The analyst comments "Positive 2Q headline over-shadowed by less-stellar composition & decelerating QTD trend, sending URBN stock -8% AMC. With Anthro/FP... More
Urban Outfitters, Inc. (URBN) PT Lowered to $42 at JPMorgan
August 22, 2024 5:24 AM EDTJPMorgan analyst Matthew Boss lowered the price target on Urban Outfitters, Inc. (NASDAQ: URBN) to $42.00 (from $43.00) while maintaining a Overweight rating.
The analyst comments "URBN reported 2Q adj. EPS of $1.24 (23% above Street $1.01) with same-store-sales shortfall (+2%... More
Urban Outfitters, Inc. (URBN) PT Lowered to $34 at Jefferies
August 22, 2024 5:21 AM EDTJefferies analyst Corey Tarlowe lowered the price target on Urban Outfitters, Inc. (NASDAQ: URBN) to $34.00 (from $35.00) while maintaining a Underperform rating.
The analyst comments "Strong top-line results continue at URBN driven by Anthro/FP/Nuuly despite continued UO weakness. UO's NA President... More
Urban Outfitters, Inc. (URBN) PT Lowered to $39 at Citi
August 22, 2024 5:01 AM EDTCiti analyst Paul Lejuez lowered the price target on Urban Outfitters, Inc. (NASDAQ: URBN) to $39.00 (from $44.00) while maintaining a Neutral rating.
The analyst comments "2Q EPS $1.24 was a big beat vs cons $1.00 driven by stronger GM (+70bps vs cons -70bps) while... More
