JPMorgan analyst Matthew Boss raised the firm’s price target on Urban Outfitters (URBN) to $89 from $88 and keeps an Overweight rating on the shares. The company reported a Q2 beat as the namesake brand inflects, the analyst tells investors in a research note.
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Read More on URBN:
- Urban Outfitters: Strong Brand Performance and Strategic Growth Justify Buy Rating
- Urban Outfitters Achieves Record Q2 Sales and Income
- Closing Bell Movers: Nvidia slips 3% despite slight beat on earnings
- Urban Outfitters reports Q2 EPS $1.58, consensus $1.46
- Urban Outfitters options imply 11.3% move in share price post-earnings
