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Enter Symbol:
Rating: URBN
Sector Perform $23

Urban Outfitters, Inc. (NASDAQ: URBN) downgraded to Sector Perform with price target $23 by RBC Capital Mkts

Tuesday,  Nov 17, 2015  8:25 AM ET by Kristen Bailey

RBC Capital Mkts downgraded Urban Outfitters, Inc. (NASDAQ: URBN) to Sector Perform with
price target $23. RBC Capital Mkts rated Urban Outfitters, Inc. (NASDAQ: URBN) to Outperform with price target $40 on 05/19/2015, when the price was $35.12.

Urban Outfitters, Inc. operates two business segments consisting of a lifestyle-oriented general merchandise retailing segment and a wholesale apparel business. The retailing segment operates through retail stores and direct response, including a catalog and two web sites. The company's wholesale business designs and markets young women's casual wear which it provides to the company's retail operations and sells to specialty retailers worldwide.

RBC Capital Markets is an international corporate and investment bank that provides innovative solutions and a focused set of products and services to institutions, corporations, governments and high net worth clients around the world. With nearly 3,700 professional and support staff, we operate out of 75 offices in 15 countries and deliver our products and services through operations in Asia and Australasia, the UK and Europe and in every major North American city.

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