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Fly News Breaks for March 7, 2018
URBN
Mar 7, 2018 | 09:02 EDT
BMO Capital analyst John Morris raised his price target on Urban Outfitters to $37 after the company's Q4 earnings beat that was driven by strong comps and lower than expected SG&A expenses. Morris adds that the company has indicated that its quarter-to-date comps were trending in "high single digits", which could boost Q1 gross margins by 100bps if those trends continue. Morris keeps his Market Perform rating on Urban Outfitters, looking for more signs of a "sustainable stabilization in the company's store portfolio".
News For URBN From the Last 2 Days
URBN
Apr 17, 2024 | 16:32 EDT
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
URBN
Apr 17, 2024 | 11:59 EDT
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
URBN
Apr 17, 2024 | 09:43 EDT
