JPMorgan raised the firm’s price target on Urban Outfitters (URBN) to $96 from $89 and keeps an Overweight rating on the shares. The company reported a Q3 beat with “broad-based portfolio momentum,” the analyst tells investors in a research note.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on URBN:
- Urban Outfitters price target raised to $80 from $70 at UBS
- Urban Outfitters price target raised to $80 from $75 at Wells Fargo
- Urban Outfitters price target raised to $80 from $76 at Citi
- Urban Outfitters’ Strong Q3 Performance and Medium-Term Growth Potential Reinforce Buy Rating
- Urban Outfitters: Strong Q3 Performance but Limited Upside Potential Justifies Hold Rating