Morgan Stanley Maintains Equal-Weight on Urban Outfitters, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Alex Straton maintains an Equal-Weight rating on Urban Outfitters (NASDAQ:URBN) and raises the price target from $39 to $40.
May 23, 2024 | 3:32 pm
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POSITIVE IMPACT
Morgan Stanley analyst Alex Straton maintains an Equal-Weight rating on Urban Outfitters and raises the price target from $39 to $40.
The raised price target from $39 to $40 by a reputable analyst at Morgan Stanley is a positive signal for investors, indicating a slight increase in expected value. However, the Equal-Weight rating suggests a neutral stance on the stock's performance relative to the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100