BMO Capital Maintains Market Perform on Urban Outfitters, Raises Price Target to $35
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Simeon Siegel has maintained a 'Market Perform' rating on Urban Outfitters (NASDAQ:URBN) and raised the price target from $31 to $35.
August 23, 2023 | 12:27 pm
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POSITIVE IMPACT
Urban Outfitters' price target has been raised from $31 to $35 by BMO Capital, maintaining a 'Market Perform' rating.
The increase in price target by BMO Capital indicates a positive outlook for Urban Outfitters. This could potentially lead to an increase in the stock price in the short term as it signals the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100