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Stock impact report

Urban Outfitters (URBN) is a “Great Operator,” Says Jim Cramer [Yahoo! Finance]

Urban Outfitters, Inc. (URBN) 
Last urban outfitters, inc. earnings: 3/3 04:10 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.urbn.com/investor-relations
Company Research Source: Yahoo! Finance
Urban Outfitters Inc. (NASDAQ:URBN)'s shares are up by 35% year-to-date, primarily on the back of a stellar run since late November. Since November 24th, the stock is up by 23.8%. The run started after Urban Outfitters Inc. (NASDAQ:URBN)'s third quarter earnings report that saw the firm post $1.53 billion in revenue and $1.28 in earnings per share. Both of these beat analyst estimates of $1.49 billion and $1.19. On November 26th, UBS raised Urban Outfitters Inc. (NASDAQ:URBN)'s share price target to $80 from $70 and kept a Neutral rating on the shares. The financial firm cited the earnings report as the reason behind the raise and added that it expects the five-year EPS compounded annual growth rate to sit at 8%. Along with UBS, Telsey also raised the share price target following the earnings. It bumped the target to $85 from $80 and kept a Market Perform rating. Telsey noted that while Urban Outfitters Inc. (NASDAQ:URBN)'s earnings report was strong, its guidance was slightly weaker Show less Read more
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