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Fly News Breaks for May 19, 2015
URBN
May 19, 2015 | 08:28 EDT
After Urban Outfitters' stock dropped 15% after-hours following its EPS miss, RBC Capital says that the risk has been removed from the company's revised gross margin guidance. The firm cut its price target on the name to $40 from $48 but reiterates an Outperform rating,.
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