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Wells Fargo Neutral on Urban Outfitters (URBN)
Yahoo Finance· 2026-03-06 19:38
Group 1 - Urban Outfitters Inc. is considered one of the 15 most undervalued NASDAQ stocks according to Wall Street analysts [1] - Wells Fargo reduced its target price on Urban Outfitters by 6.3% to $75 from $80 while maintaining an Equal Weight rating [1] - The company's Q4 FY 2026 earnings report showed a notable post-holiday recovery with sales growth accelerating in January 2026 compared to the holiday period [2] Group 2 - Management expressed optimism about FY 2027 guidance, projecting full-year sales growth in the high single-digits and a 25-basis point improvement in gross profit margins [4] - Wells Fargo noted that there is "more good than bad" in Urban Outfitters' story, but advised investors to remain patient due to the challenging market environment for riskier firms [5] - Urban Outfitters operates through several brands including Anthropologie, Free People, and Urban Outfitters, and was founded in 1970 [6]