JPMorgan analyst Matthew Boss lowered the firm’s price target on Urban Outfitters (URBN) to $50 from $56 and keeps a Neutral rating on the shares. The firm adjusted estimates in department stores and specialty softlines following its retail conference.
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Read More on URBN:
- Urban Outfitters price target lowered to $54 from $65 at Citi
- Urban Outfitters price target raised to $68 from $63 at Barclays
- Urban Outfitters Reports Record Sales and Optimistic Outlook
- Urban Outfitters price target raised to $62 from $60 at Baird
- Urban Outfitters: Strong Performance and Growth Potential Justify Buy Rating