- Shares of Urban Outfitters, Inc. URBN have lost nearly 30 percent over the past year as part of an overall weakness in specialty retailers.
- The Vetr community upgraded their crowd-sourced rating to five-stars.
- The Vetr crowd is very bullish on the stock with a crowd-sourced $26.43 price target, implying a near 20 percent upside from current levels.
Specialty retailers have had a rough 2015, but the Vetr crowd is now
super-bullish on one name heading into 2016: Urban Outfitters.
Vetr is a crowdsourced stock rating platform. 53.8 percent of the crowd recommend a Buy rating on the stock, 38.5 percent recommend a Hold, while only 7.7 percent of the crowd are bearish with a Sell recommendation.
Overall, the crowd has a five out of a possible five star recommendation, corresponding to a "Strong Buy" recommendation. The Vetr crowd is also expecting a near 20 percent return with a crowdsourced price target of $26.43.
Incrementally Less Bullish On American Eagle, Uber-Bearish On Abercombie
The Vetr crowd's bullish stance on specialty retailers isn't limited to just Urban Outfitters. The crowd has a
cumulative 4.5 star rating on
American Eagle Outfitters AEO as 83.3 percent of the crowd recommend a Buy rating, 16.7 percent recommend a Hold rating, while none of the crowd has a Sell recommendation.
However, the crowd-sourced price target of $18.00 implies a potential return just shy of 15 percent, implying the crowd is incrementally less bullish on American Eagle compared to Urban Outfitters.
On the other hand, the Vetr crowd is
uber-bearish on
Abercrombie & Fitch Co. ANF as a staggering 88.9 percent of the crowd recommend a Sell rating. The crowd's cumulative price target of $21.57 implies a roughly 15 percent downside to the current price, thereby justifying the crowd-sourced 1.5 star rating out of a possible five.
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