Urban Outfitters (URBN) Gets a Buy from Telsey Advisory
In a report released yesterday, Dana Telsey from Telsey Advisory maintained a Buy rating on Urban Outfitters, with a price target of $98.00.
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According to TipRanks, Telsey is a 3-star analyst with an average return of 2.7% and a 43.61% success rate. Telsey covers the Consumer Cyclical sector, focusing on stocks such as Gap Inc, Steven Madden, and Urban Outfitters.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Urban Outfitters with a $87.45 average price target.
Based on Urban Outfitters’ latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $1.53 billion and a net profit of $116.44 million. In comparison, last year the company earned a revenue of $1.36 billion and had a net profit of $102.91 million
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