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Fly News Breaks for March 8, 2016
URBN
Mar 8, 2016 | 07:38 EDT
Baird said their long-term view on Urban Outfitters remains bullish despite its recent rally. The firm said they would wait for a pullback before adding to positions aggressively. The company reported better than expected Q4 results with better margins and an improving margins picture in 2017, noted Baird, which reiterated its Outperform rating and raised its price target to $35 from $29 on Urban shares.
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