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Fly News Breaks for March 7, 2018
URBN
Mar 7, 2018 | 07:00 EDT
KeyBanc analyst Edward Yruma raised his price target for Urban Outfitters to $45 from $36 as he believes it is one of the "most leveraged" in his coverage to an ongoing fashion shift. The analyst notes that for the first time in five years, all three brands posted positive comparable sales, driven by strength in e-Commerce. Yruma reiterates an Overweight rating on the shares.
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