Baird raised the firm’s price target on Urban Outfitters (URBN) to $75 from $62 and keeps a Neutral rating on the shares. The firm updated its model following Q1 results which showed earnings momentum is accelerating.
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Read More on URBN:
- Urban Outfitters price target raised to $77 from $62 at Morgan Stanley
- Urban Outfitters price target raised to $70 from $55 at Wells Fargo
- Urban Outfitters price target raised to $80 from $70 at BofA
- Urban Outfitters’ Strong Performance Driven by European Growth and Brand Success
- Urban Outfitters’ Strong Financial Performance and Strategic Initiatives Drive Buy Rating