Results for: Urbn

Telsey Advisory Group downgraded Urban Outfitters (URBN) to Market Perform, citing slowing sales trends and concerns about earnings risk. Despite strong second-quarter results, the company experienced a slight slowdown in retail sales in July and August, leading to a lowered price target. However, the analyst remains optimistic about the company’s overall growth prospects.

Urban Outfitters, Inc. (URBN) exceeded analyst expectations in the second quarter, reporting record sales driven by strong performance across its retail, Nuuly, and wholesale segments. The company’s stock, however, experienced a decline in after-hours trading.