Goldman Sachs on Urban Outfitters: Improved Sales Encouraging

Goldman Sachs provided color on Urban Outfitters

in a research report published today. Goldman Sachs has a $28 price target and Neutral rating on Urban Outfitters. In the report, Goldman Sachs states, "As we would expect, shares are reacting well to the meaningful sequential improvement in sales after 6 quarters of stable / weakening trends." Shares of Urban Outfitters were trading at $28.06 at the time of posting, up 6.05% from Monday's market close.