Forecasting The Future: 4 Analyst Projections For Urban Outfitters
Portfolio Pulse from Benzinga Insights
Urban Outfitters (NASDAQ:URBN) received mixed analyst ratings in the last quarter, with a shift towards a more neutral stance in the last 30 days. The average 12-month price target for URBN is now $40.75, marking a 16.43% increase from the previous target. Analysts from UBS, Telsey Advisory Group, and Morgan Stanley have adjusted their ratings and price targets, reflecting changes in market dynamics and company performance. Urban Outfitters has shown solid financial performance with a revenue growth rate of 9.0%, a net margin of 6.48%, and an ROE of 4.14%, outperforming industry averages.
February 12, 2024 | 12:00 pm
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POSITIVE IMPACT
Urban Outfitters received mixed analyst ratings, with an updated average 12-month price target of $40.75, indicating a positive outlook. The company's strong financial performance, including a 9.0% revenue growth and a net margin of 6.48%, supports a positive short-term impact.
The mixed analyst ratings combined with a significant increase in the average 12-month price target reflect a cautiously optimistic view of Urban Outfitters. The company's solid financial performance, particularly in revenue growth and profitability, supports the potential for stock price appreciation in the short term. The adjustments in ratings and price targets by analysts from reputable firms further underscore the relevance of these insights for investors.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100