Telsey Advisory Group Maintains Outperform Rating for Urban Outfitters: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Telsey Advisory Group has maintained its Outperform rating for Urban Outfitters (NASDAQ:URBN) and increased its price target from $35.00 to $41.00. Despite the positive outlook, Urban Outfitters' shares have fallen by 0.96% over the last 24 hours.
August 15, 2023 | 5:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Urban Outfitters' Outperform rating has been maintained by Telsey Advisory Group, with a raised price target of $41.00. However, the company's shares have seen a 0.96% decrease in the last 24 hours.
The maintained Outperform rating and increased price target by Telsey Advisory Group indicates a positive outlook for Urban Outfitters. However, the recent 0.96% decrease in share price may cause some short-term uncertainty among investors. In the long run, the raised price target suggests potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100