Urban Outfitters, Inc. (URBN) Misses Q1 EPS by 1c, Sales Beat

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Urban Outfitters (URBN) Bullish Stance Maintained at Piper Jaffray Post Q1; Expects Positive Core Comps to Return this Year

May 20, 2014 7:22 AM EDT

Piper Jaffray analyst Neely Tamminga reiterated an Overweight rating on Urban Outfitters, Inc. (NASDAQ: URBN) following Q1 results but trimmed his price target to $54.00 (from $52.00), saying positive core UO comps will return this year.

Tamminga commented, "We are reiterating our Overweight... More