Barclays Remains a Buy on Urban Outfitters (URBN)
In a report released today, Adrienne Yih from Barclays maintained a Buy rating on Urban Outfitters, with a price target of $98.00.
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According to TipRanks, Yih is a 4-star analyst with an average return of 6.8% and a 52.11% success rate. Yih covers the Consumer Cyclical sector, focusing on stocks such as Gap Inc, Lululemon Athletica, and Crocs.
In addition to Barclays, Urban Outfitters also received a Buy from TipRanks – xAI’s xAi Apparel – Retail in a report issued yesterday. However, on January 12, Citi maintained a Hold rating on Urban Outfitters (NASDAQ: URBN).
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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- Balanced Risk-Reward at Urban Outfitters: Operational Momentum Offset by Margin Headwinds Supports Hold Rating
- Urban Outfitters: Holiday Outperformance, Brand Momentum, and Nuuly Growth Support Buy Rating Despite Near-Term Margin Pressure
- Urban Outfitters Reports Record Holiday Sales Growth
- Urban Outfitters reports 2 month net sales increased 9% vs last year
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