Courtesy of Benzinga.
In a report published Tuesday, Morgan Stanley analyst Kimberly C. Greenberger reiterated an Equal-Weight rating and $31.00 price target on Urban Outfitters, Inc. (NASDAQ: URBN).
In the report, Morgan Stanley noted, “URBN’s 3Q showed more of the same: Anthro and Free People remain healthy businesses while UO works to re-tool stores to match its eComm strength. Given low visibility on UO’s turn around and gross margin recovery, at 16x weremain E/W.”
Urban Outfitters closed on Monday at $30.83.
Latest Ratings for URBN
Date | Firm | Action | From | To |
---|---|---|---|---|
Nov 2014 | Atlantic Equities | Downgrades | Overweight | Neutral |
Nov 2014 | Wedbush | Maintains | Neutral | |
Nov 2014 | Bank of America | Maintains | Buy |
View More Analyst Ratings for URBN
View the Latest Analyst Ratings
Posted-In: Kimberly C. Greenberger Morgan StanleyAnalyst Color Reiteration Analyst Ratings