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Fly News Breaks for September 6, 2016
ANF, URBN
Sep 6, 2016 | 07:24 EDT
Jefferies analyst Randal Konik added Urban Outfitters to his firm's Franchise Picks list and upped his price target for the shares to $45 from $40. The company is positioned to benefit from an improving fashion cycle and changes in footwear trends, Konik tells investors in a research note. He keeps a Buy rating on Urban. The analyst removed Abercrombie & Fitch (ANF) from the Franchise Picks list.
News For URBN;ANF From the Last 2 Days
ANF
Apr 26, 2024 | 12:05 EDT
Bullish option flow detected in Abercrombie & Fitch with 2,715 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 57.10%. 4/26 weekly 103 calls and 5/3 weekly 103 calls are the most active options, with total volume in those strikes near 800 contracts. The Put/Call Ratio is 0.52. Earnings are expected on May 29th.
