Urban Outfitters price target raised to $29 from $27 at Barclays

Barclays analyst Adrienne Yih raised the firm’s price target on Urban Outfitters to $29 from $27 and keeps an Equal Weight rating on the shares. The company’s Q4 results and guidance show momentum at Anthropologie and Free People, with both expected to continue positive comp trends, the analyst tells investors in a research note.