B of A Securities Maintains Buy on Urban Outfitters, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Lorraine Hutchinson maintains a Buy rating on Urban Outfitters (NASDAQ:URBN) and raises the price target from $35 to $42.
August 23, 2023 | 11:45 am
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Urban Outfitters' price target has been raised from $35 to $42 by B of A Securities, maintaining a Buy rating.
The raised price target indicates that the analyst sees potential for the stock's price to increase. This could lead to positive sentiment among investors, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100