Urban Outfitters (URBN) Tops Q2 EPS by 10c
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Nomura Securities Raises Price Target on Urban Outfitters (URBN) to $33
August 17, 2016 10:15 AM EDTNomura Securities reiterated a Neutral rating on Urban Outfitters, Inc. (NASDAQ: URBN), and raised the price target to $33.00 (from $30.00), following the company's 2Q earnings report.
Nomura commented, "With brands & department stores across the channel talking about normalizing their inventory and distribution, URBN's comp and margin beat were... More
Wedbush Raises Price Target on Urban Outfitters (URBN) to $34; Reiterates Neutral
August 17, 2016 9:32 AM EDTWedbush reiterated a Neutral rating on Urban Outfitters, Inc. (NASDAQ: URBN), and raised the price target to $34.00 (from $29.00), following the company's 2Q earnings report. Top-line growth at Urban Outfitters benefited from a significant shift to exclusive/proprietary product. Customers responded to exclusive styles from adidas,... More
Stifel Reiterates Buy on Urban Outfitters (URBN) Following 2Q
August 17, 2016 8:23 AM EDTStifel reiterated a Buy rating on Urban Outfitters, Inc. (NASDAQ: URBN), and raised the price target to $40.00 (from $35.00), following the company's 2Q earnings report. URBN reported an $0.11 EPS beat. Stifel believes that URBN is a particularly well-positioned business for the retail environment of today.... More
Cowen Raises Price Target on Urban Outfitters (URBN) Following 2Q EPS Beat
August 17, 2016 8:13 AM EDTCowen reiterated a Market Perform rating on Urban Outfitters, Inc. (NASDAQ: URBN), and raised the price target to $37.00 (from $28.00), following the company's 2Q earnings report. EPS results came in ahead of the Street at $0.66 vs. Consensus estimates of $0.55.
Analyst Oliver Chen commented, "We like... More
Mizuho Securities Raises Price Target on Urban Outfitters (URBN) to $32 Following 2Q Beat
August 17, 2016 6:55 AM EDTMizuho Securities reiterated a Neutral rating on Urban Outfitters, Inc. (NASDAQ: URBN), and raised the price target to $32.00 (from $28.00), following the company's 2Q earnings report. URBN reported EPS of $0.66, above consensus $0.55 estimates. Notes suggest September was best LY, followed by August and then October.... More
Evercore ISI Upgrades Urban Outfitters, Inc. (URBN) to Buy
August 17, 2016 6:50 AM EDTEvercore ISI upgraded Urban Outfitters, Inc. (NASDAQ: URBN) from Hold to Buy with a price target of $45.00 (from $33.00).
For an analyst ratings summary and ratings history on Urban Outfitters, Inc. click here. For more ratings news on Urban Outfitters, Inc. click here.
Shares of Urban Outfitters, Inc. closed at $31.24 yesterday.
... MoreFBR Affirms Urban Outfitters (URBN) at 'Market Perform'; Q2 Retail Markdowns Notable, but Wholesale Strong
August 17, 2016 6:20 AM EDTFBR & Co. affirms Urban Outfitters (Nasdaq: URBN) at Market Perform with a price target of $31 following Q2 results on Tuesday night.
The firm noted the following key points:
3Q/2016 guidance. Management expects UO and Anthro to drive 3Q16 GM leverage (likely ~100 bps), partially offset by FP. It guided SG&A dollars to increase +LDD in... MoreUrban Outfitters (URBN) August volatility at 105 into Q2 and outlook
August 16, 2016 5:20 AM EDTUrban Outfitters (NASDAQ: URBN) August call option implied volatility is at 105, September is at 51; compared to its 52-week range of 27 to 65 into the expected release of Q2 results today after the market close.
... More