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Urban Outfitters price target raised to $73 from $59 at Barclays

Barclays raised the firm’s price target on Urban Outfitters (URBN) to $73 from $59 and keeps an Overweight rating on the shares ahead of the company’s Q1 results on May 21. The firm highlights the Urban Outfitters brand promotion “inflection to positive” per its tracker for Q1. The firm says the brand’s “turn is here.”

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