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Fly News Breaks for March 6, 2019
URBN
Mar 6, 2019 | 09:15 EDT
Wells Fargo analyst Ike Boruchow lowered his price target for Urban Outfitters to $30 from $35 and reiterated a Market Perform rating on the shares. While holiday started strong in November, trends have since steadily decelerated into Q1, with management offering bleak quarter to date commentary and Q1 outlook, as a result of unseasonable weather and assortment miscalculations, the contends.
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