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Actionable news in URBN: Urban Outfitters, Inc.,

Urban Outfitters (URBN) Price Target Increased at Deutsche

NEW YORK (TheStreet) -- Deutsche Bank raised its price target to $32 from $28 on Urban Outfitters (URBN) stock Monday morning.

The firm maintained its "hold" rating on the Philadelphia-based clothing company but upped its 2016 second quarter estimates to 56 cents from 51 cents. Upside risks on the stock include acceleration in top-line trends and leverage of fixed expenses, Deutsche Bank noted.

"The UO brand has shown the most improvement (full price comps up 6% in 1Q16), benefitting from better bproduct execution, while Anthropologie and Free People have been suffering from weak apparel comps due to limited...


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