Wall Street Strategies Reiterates Urban Outfitters Sell, $26 PT

Wall Street Strategies reiterated its Urban Outfitters URBN Sell rating and $26 price target in a research report published today. In the report, Wall Street Strategies states, "We think Urban Outfitters shares, which are still valued at a relative premium to comparable peers, become cheaper given the fashion and margin driven weakness that is apparent." Shares of Urban Outfitters were trading at $33.02 at the time of posting, up 2.26% from Monday's market close.