RBC Capital Initiates Urban Outfitters With Outperform

Analysts at RBC Capital initiated coverage on

with a Outperform rating. The target price for Urban Outfitters is set to $48. Urban Outfitters shares have gained 12.91 percent over the past 52 weeks, while the S&P 500 index has surged 11.87 percent in the same period. Urban Outfitters' shares closed at $40.40 on Friday.