B of A Securities Maintains Buy on Urban Outfitters, Lowers Price Target to $46
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Buy rating on Urban Outfitters but lowered the price target from $52 to $46.
August 22, 2024 | 11:50 am
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NEUTRAL IMPACT
B of A Securities has maintained a Buy rating on Urban Outfitters but lowered the price target from $52 to $46, indicating a positive outlook with some caution.
The maintained Buy rating suggests confidence in Urban Outfitters' performance, but the lowered price target indicates some caution about future growth or market conditions. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100