JPMorgan raised the firm’s price target on Urban Outfitters to $36 from $35 and keeps a Neutral rating on the shares. The firm’s work points to an “in-line to above-plan” holiday for department stores and specialty softlines, with 90% of companies in its coverage universe tracking to “meet or beat” current Q4 Street consensus same-store-sales estimates, the analyst tells investors in a research note.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on URBN:
- Urban Outfitters price target lowered to $35 from $44 at JPMorgan
- Urban Outfitters downgraded at Morgan Stanley on pushed out inflection
- Urban Outfitters downgraded to Equal Weight from Overweight at Morgan Stanley
- Urban Outfitters price target lowered to $46 from $47 at Barclays
- Urban Outfitters (NASDAQ:URBN) Sinks, Even As Q3 Results Beat Estimates
