These Analysts Raise Their Forecasts On Urban Outfitters After Upbeat Results
Portfolio Pulse from Avi Kapoor
Urban Outfitters, Inc. (NASDAQ:URBN) reported better-than-expected Q1 financial results, with earnings of 69 cents per share and sales of $1.2 billion. Analysts have raised their price targets following the strong performance.
May 22, 2024 | 11:56 am
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POSITIVE IMPACT
Urban Outfitters reported strong Q1 results, beating both earnings and sales estimates. Analysts have raised their price targets, indicating positive sentiment.
Urban Outfitters' better-than-expected earnings and sales figures, along with increased price targets from analysts, suggest a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100