Fly News Breaks for March 10, 2015
URBN
Mar 10, 2015 | 08:13 EDT
As previously reported, Janney Capital upgraded Urban Outfitters to Buy from Neutral, citing evidence of a product turn at its flagship brand, signs the company is regaining inventory control and expectations that share buybacks can support and accelerate EPS growth. The firm increased its fair value estimate for the stock to $48 from $37.
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