Citi downgraded Urban Outfitters (URBN) to Neutral from Buy with a price target of $76, up from $75, ahead of the Q2 report. The firm is more cautious on the specialty apparel group heading into the second half of 2025 and sees additional risk to Urban Outfitters from higher India tariffs. Citi sees a balanced risk/reward with the shares up 86% since November.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on URBN: