JPMorgan raised the firm’s price target on Urban Outfitters (URBN) to $97 from $94 and keeps an Overweight rating on the shares. The company reported a Q1 beat with portfolio consistency, the analyst tells investors in a research note.
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Read More on URBN:
- Urban Outfitters price target raised to $90 from $85 at BofA
- Lorraine Hutchinson Raises Price Target to $90 and Reiterates Buy on Urban Outfitters Amid Strong Brand Momentum and Margin Expansion
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- Urban Outfitters reports Q1 EPS $1.30, consensus $1.12
- Urban Outfitters options imply 8.9% move in share price post-earnings
