Jefferies analyst Janine Stichter says that while Urban Outfitters's holiday company was "solid" at 5%, the number is probably not enough to change the near-term story for investors who are wary of potentially decelerating fundamentals. However, the analyst continues to see opportunity ahead for Urban Outfitters, fueled by "strong" execution, demand for new fashion trends, and growth across international, wholesale, and new categories. The current valuation is attractive with shares at "trough multiples," Stichter tells investors in a research note. She keeps a Buy rating on Urban Outfitters with a $58 price target.