Barclays raised the firm’s price target on Urban Outfitters (URBN) to $80 from $73 and keeps an Overweight rating on the shares following the Q1 beat. The firm says that with improving product margins, it sees signs that the turnaround “is here” for Ubran.
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Read More on URBN:
- Urban Outfitters Reports Record Q1 Revenue and Growth
- Urban Outfitters Reports Record Q1 Financial Results
- Urban Outfitters price target raised to $72 from $59 at Telsey Advisory
- Target downgraded, Zoom upgraded: Wall Street’s top analyst calls
- Urban Outfitters price target raised to $76 from $58 at BMO Capital