Barclays Upgrades Urban Outfitters to Overweight, Announces $38 Price Target
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Adrienne Yih upgrades Urban Outfitters (NASDAQ:URBN) from Equal-Weight to Overweight and announces a $38 price target.
May 24, 2023 | 12:10 pm
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Urban Outfitters (NASDAQ:URBN) has been upgraded from Equal-Weight to Overweight by Barclays analyst Adrienne Yih, with a new price target of $38.
The upgrade from Barclays analyst Adrienne Yih is a positive signal for Urban Outfitters, as it indicates increased confidence in the company's performance. The new price target of $38 suggests potential upside for the stock, which could attract more investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100