Urban Outfitters should rebound in second half, says Canaccord Canaccord said the weakness in Q1 results was not a surprise and expects the company to rebound in the second half of the year. The firm anticipates new products from the reorganized UO team to hit stores during the back-to-school season and said historically the company has gotten back on track quickly following fashion misses. Shares are Buy rated and price target lowered to $48 from $49.
News For URBN From The Last 14 Days
Check below for free stories on URBN the last two weeks.