Urban Outfitters price target raised to $41 from $35 at Telsey Advisory

Telsey Advisory analyst Dana Telsey raised the firm’s price target on Urban Outfitters to $41 from $35 and keeps an Outperform rating on the shares ahead of the Q2 report on August 22. The analyst is looking for improvement at the namesake brand with the start of the back-to-school season and expects Anthropologie and Free People to continue their sales expansion.