Goldman Sachs Upgrades Urban Outfitters (URBN) to Buy, Citing Improved Margins and Growth

Goldman Sachs upgraded Urban Outfitters from 'Neutral' to 'Buy', citing improved margins and growth in newer businesses like Free People Movement and Nuuly. The upgrade led shares of the specialty retailer to rise about 6% in premarket trading.

By Soumendra Mukherjee, SA News Editor · Seeking Alpha ·

Goldman Sachs Upgrades Urban Outfitters (URBN) to Buy, Citing Improved Margins and Growth

Tickers: $GS $URBN

Topics: retail stock upgrade

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