Telsey Advisory Remains a Buy on Urban Outfitters (URBN)
In a report released today, Dana Telsey from Telsey Advisory maintained a Buy rating on Urban Outfitters, with a price target of $98.00.
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Telsey covers the Consumer Cyclical sector, focusing on stocks such as Steven Madden, Urban Outfitters, and Birkenstock Holding plc. According to TipRanks, Telsey has an average return of 2.7% and a 42.89% success rate on recommended stocks.
In addition to Telsey Advisory, Urban Outfitters also received a Buy from TipRanks – Anthropic’s Anthropic Apparel – Retail in a report issued on February 27. However, on the same day, TipRanks – Anthropic downgraded Urban Outfitters (NASDAQ: URBN) to a Hold.
Based on Urban Outfitters’ latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $1.8 billion and a net profit of $96.27 million. In comparison, last year the company earned a revenue of $1.64 billion and had a net profit of $120.3 million
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- Urban Outfitters Posts Record Quarterly and Annual Results
- Urban Outfitters price target lowered to $85 from $93 at BofA
- Urban Outfitters: Solid Execution Priced In, Limited Upside Supports Hold Rating
- Urban Outfitters price target lowered to $75 from $80 at Wells Fargo
- Urban Outfitters reports Q4 adjusted EPS $1.43 vs $1.04 last year
