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Fly News Breaks for May 19, 2015
URBN
May 19, 2015 | 08:59 EDT
After Urban Outfitters reported lower than expected Q1 EPS, BM Capital continues to expect the company's Urban unit to recover significantly going forward, pushing the company's operating margin higher in 2H15. BMO is upbeat on the company's 2H15 outlook and keeps a $53 price target and Outperform rating on the shares.
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