Telsey Advisory Group Reiterates Outperform on Urban Outfitters, Maintains $42 Price Target
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group analyst Dana Telsey has reiterated an Outperform rating on Urban Outfitters (NASDAQ:URBN) and maintained a price target of $42.
November 15, 2023 | 10:31 am
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Telsey Advisory Group maintains an Outperform rating on Urban Outfitters with a $42 price target, indicating a positive outlook on the stock.
The reiteration of an Outperform rating by a prominent analyst group suggests a positive sentiment towards Urban Outfitters' stock performance. The maintained price target of $42 implies a potential upside from the current trading price, which could influence investor confidence and lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100