Urban Outfitters downgraded at Wedbush As noted earlier, Wedbush downgraded Urban Outfitters to Neutral from Outperform. The firm believes that recent promotions at the company's Anthropologie stores suggest that Anthropologie's sales may be slowing. Target to $37 from $46.
News For URBN From The Last 14 Days
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Urban Outfitters upgraded to Outperform from Neutral at RW Baird RW Baird upgraded Urban Outfitters to Outperform citing a more favorable risk/reward following the company's Q2 results. Baird highlights merchandise improvements at the namesake brand and momentum at Anthropologie and Free People. The firm raised its price target for shares to $44 from $40.