Deutsche Bank Maintains Hold on Urban Outfitters, Raises Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Gabriella Carbone maintains a Hold rating on Urban Outfitters (NASDAQ:URBN) and raises the price target from $26 to $29.
May 24, 2023 | 2:19 pm
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NEUTRAL IMPACT
Deutsche Bank maintains a Hold rating on Urban Outfitters and raises the price target from $26 to $29.
The news of Deutsche Bank maintaining a Hold rating on Urban Outfitters and raising the price target from $26 to $29 indicates that the analyst sees potential for the stock price to increase, but not enough to warrant a Buy rating. This may lead to a neutral short-term impact on the stock price, as investors may be waiting for more positive news or a higher price target before making a decision.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100