— The clothing retailer shed 2.5% following a downgrade by Citi to neutral from buy.
While the Wall Street firm expects an earnings beat when Urban Outfitters reports next week, it believes the risk/reward is more balanced at current levels. The Urban Outfitters brand will be slower to turn around, ultimately limiting possible upside to earnings per share, the firm wrote.
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Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
U.S. Steel to explore strategic alternatives for the companySteel producer United States Steel Corporation said on Sunday it is initiating a formal review to evaluate strategic alternatives for the company.
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US Steel receiving acquisition offers as company promises to maximize stockholder value | CNN BusinessUnited States Steel Corp. (X) is considering a sale after fielding acquisition offers, according to a news release Sunday from the company.
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