Morgan Stanley analyst Alexandra Straton has maintained their bullish stance on URBN stock, giving a Buy rating today.
Alexandra Straton’s rating is based on Urban Outfitters’ consistent performance and growth potential. The company has consistently exceeded earnings per share expectations, demonstrating strong financial results despite challenging market conditions. Urban Outfitters has shown impressive sales growth and operating margin expansion, which are rare achievements among specialty retailers.
Furthermore, the company’s guidance for the upcoming fiscal year suggests continued growth and profitability, with management setting optimistic targets that are viewed as achievable. The potential for multiple expansion, driven by positive earnings revisions, also supports the Buy rating. Overall, the combination of strong past performance and promising future outlook underpins the recommendation to invest in Urban Outfitters.
According to TipRanks, Straton is a 4-star analyst with an average return of 5.9% and a 60.39% success rate. Straton covers the Consumer Cyclical sector, focusing on stocks such as On Holding AG, Victoria’s Secret, and Tapestry.
In another report released today, Bank of America Securities also reiterated a Buy rating on the stock with a $70.00 price target.