Telsey Advisory analyst Dana Telsey raised the firm’s price target on Urban Outfitters to $42 from $41 and keeps an Outperform rating on the shares. The company reported a broad-based beat in Q2 and its momentum is continuing into the back half of the year, the analyst tells investors in a research note.
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Read More on URBN:
- Urban Outfitters’ (NASDAQ: URBN) Q2 Earnings Smash Estimates with $1.27 Billion in Sales
- Urban Outfitters price target raised to $42 from $35 at BofA
- Urban Outfitters price target raised to $38 from $32 at Baird
- Urban Outfitters price target raised to $47 from $45 at Barclays
- Urban Outfitters reports Q2 comparable Retail segment sales up 4.9%