UBS Maintains Neutral on Urban Outfitters, Raises Price Target to $42
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jay Sole maintains a Neutral rating on Urban Outfitters (URBN) and raises the price target from $41 to $42.
March 05, 2024 | 2:55 pm
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UBS analyst Jay Sole maintains a Neutral rating on Urban Outfitters and raises the price target from $41 to $42.
The increase in price target by UBS suggests a positive outlook on Urban Outfitters' stock, potentially leading to a short-term increase in its stock price. The Neutral rating indicates that while there may not be significant upside, the analyst sees the company as fairly valued at the new target price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90