BMO Capital Maintains Market Perform Rating for Urban Outfitters: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
BMO Capital has maintained its Market Perform rating for Urban Outfitters (NASDAQ:URBN) and raised its price target from $25.00 to $31.00. Shares of Urban Outfitters are trading up 16.17% over the last 24 hours, at $30.97 per share.
May 24, 2023 | 5:00 pm
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Urban Outfitters' Market Perform rating is maintained by BMO Capital, with a raised price target of $31.00. The stock is up 16.17% over the last 24 hours.
BMO Capital's decision to maintain the Market Perform rating and raise the price target for Urban Outfitters indicates a positive outlook for the company. The stock's 16.17% increase over the last 24 hours also supports this positive sentiment. As a result, the short-term impact on URBN's stock price is likely to be positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100