Jefferies Maintains Underperform on Urban Outfitters, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Corey Tarlowe maintains an Underperform rating on Urban Outfitters and lowers the price target from $35 to $34.
August 22, 2024 | 2:09 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Jefferies analyst Corey Tarlowe has maintained an Underperform rating on Urban Outfitters and reduced the price target from $35 to $34, indicating a bearish outlook.
The maintenance of an Underperform rating and the reduction of the price target by Jefferies suggests a negative outlook on Urban Outfitters' stock performance. This is likely to lead to a short-term decrease in the stock price as investors react to the bearish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100