Urban Outfitters Inc (URBN): Urban Outfitters downgraded at JPMorgan...

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Thursday, 01/14/2021 8:34:05 AM

Thursday, January 14, 2021 8:34:05 AM

Urban Outfitters downgraded at JPMorgan in post-ICR look

Jan. 14, 2021 7:26 AM
ETUrban Outfitters, Inc. (URBN)
By: Clark Schultz, SA News Editor

JPMorgan checks in on mall retailers after taking in the ICR Conference presentations.

The firm lowers Urban Outfitters (NASDAQ:URBN) to an Underweight rating from Neutral amid weak store traffic trends and calling compensation payout an incremental headwind.

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