Morgan Stanley Sees 3Q EPS Miss for Urban Outfitters

by Benzinga Staff
November 18, 2014 8:06 AM | 23 seconds read

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

In a report published Tuesday, Morgan Stanley analyst Kimberly C. Greenberger reiterated an Equal-Weight rating and $31.00 price target on Urban Outfitters (NASDAQ: URBN).In the report, Morgan Stanley noted, “URBN's 3Q showed more of the same: Anthro and Free People remain healthy businesses while UO works to re-tool stores to match its eComm strength. Given low visibility on UO's turn around and gross margin recovery, at 16x weremain E/W.”Urban Outfitters closed on Monday at $30.83.

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

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Posted In: Analyst ColorReiterationAnalyst RatingsKimberly C. GreenbergerMorgan Stanley

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