Baird analyst Mark Altschwager raised his estimates and price target on Urban Outfitters following its strong Q4 earnings beat. The analyst raised his price target to $42 from $39, noting also that the company offered bullish commentary on quarter-to-date trends. Altschwager, who believes the consumer is healthy, its fashion is resonating, and comps will be easing, reiterated his Outperform rating on Urban Outfitters shares.
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Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here