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 06, 2024 | 5:39 pm
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NEUTRAL IMPACT
UBS analyst Jay Sole maintains a Neutral rating on Urban Outfitters and raises the price target from $41 to $42.
The adjustment in price target by UBS suggests a slight increase in confidence in Urban Outfitters' stock performance, though the Neutral rating indicates that the analyst does not foresee significant stock movement in the short term. This could lead to a neutral impact on the stock price as the market digests this information.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90