BMO Capital Maintains Market Perform on Urban Outfitters, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Simeon Siegel maintains a Market Perform rating on Urban Outfitters (URBN) and raises the price target from $38 to $42.
February 29, 2024 | 1:16 pm
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POSITIVE IMPACT
BMO Capital maintains a Market Perform rating on Urban Outfitters and raises the price target from $38 to $42.
The increase in the price target from $38 to $42 by BMO Capital indicates a positive outlook on Urban Outfitters' stock in the short term. This adjustment suggests that the analyst sees potential for the stock to perform well, likely due to favorable market conditions or company performance. Investors may view this as a bullish signal, potentially leading to an increase in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100