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Fly News Breaks for January 7, 2019
URBN
Jan 7, 2019 | 06:57 EDT
JPMorgan analyst Matthew Boss downgraded Urban Outfitters to Neutral and lowered his price target for the shares to $38 from $50. The analyst sees a "flattish comp downside scenario neutralizing the risk/reward profile." Following fieldwork he lowered Urban's Q4 same-store-sales estimate to up 4.6%.
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