UPDATE: Stifel Boosts PT on Urban Outfitters (URBN) to $34 Following Q4 Results; Sees Strong Start to Q1

Brean Capital Reiterates Buy Following Urban Outfitters' (URBN) Better-Than-Expected 4Q

March 8, 2016 9:52 AM EST

Brean Capital reiterated a Buy rating on Urban Outfitters, Inc. (NASDAQ: URBN), and raised the price target to $35.00 (from $32.00), following the company's 4Q earnings report. URBN reported earnings of $0.61, beating the consensus estimate of $0.56. The beat was due to better-than-expected improvement in GM, and lower share count with 4.3m shares repurchased/retired... More

Wedbush Remains Sidelined on Urban Outfitters (URBN) as Margins Drive 4Q Upside

March 8, 2016 8:01 AM EST

Wedbush reiterated a Neutral rating on Urban Outfitters, Inc. (NASDAQ: URBN), and raised the price target to $32.00 (from $23.00), following the company's 4Q earnings report. URBN reported 4Q upside on better than expected merchandise margins from the Urban division. CEO Hayne discussed the... More

Oil drop, China data drag Wall Street lower

March 8, 2016 7:19 AM EST

By Rodrigo Campos

(Reuters) - U.S. stocks ended near the lows of the day on Tuesday as energy shares tumbled alongside the price of oil and soft Chinese trade data rekindled fears that the global economy is weaker than anticipated.

U.S. crude futures fell more than 4 percent in post-settlement trading, in their largest daily decline since bottoming so far for the year on Feb. 11. Since that low, the U.S. barrel of crude rose as much as 45.5 percent.

Despite the rebound in crude prices, oversupply and expectations of weak demand from China have... More

Mizuho Securities Raises Price Target on Urban Outfitters (URBN) Following a 4Q EPS Beat

March 8, 2016 6:53 AM EST

Mizuho Securities reiterated a Neutral rating on Urban Outfitters, Inc. (NASDAQ: URBN), and raised the price target to $30.00 (from $20.00), following the company's 4Q. URBN reported EPS of $0.61 vs. $0.60 LY was above consensus $0.56 estimate.

Analyst Betty Chen commented, "We are raising our estimates and PT to... More

Cowen Raises Price Target on Urban Outfitters (URBN) to $33 Following 4Q

March 8, 2016 6:47 AM EST

Cowen reiterated a Market Perform rating on Urban Outfitters, Inc. (NASDAQ: URBN), and raised the price target to $33.00 (from $25.00), following the company's 4Q. Stock could trade +HSD on 4Q EPS beat.

Analyst Oliver Chen commented, "Value Creation Thru Speedier Supply Chain, Renewed Customer Focus,... More