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Urban Outfitters in retreat after MKM Partners downgrade

Feb. 27, 2017 7:26 AM ETUrban Outfitters, Inc. (URBN) StockURBNBy: Clark Schultz, SA News Editor
  • MKM Partners lowers Urban Outfitters (NASDAQ:URBN) to a Sell rating from Neutral on deep concerns over margin trends at the company.
  • Weakness at the Anthropologie brand is called out in particular.
  • The investment firm sets a price target of $20 on the retailer.
  • Shares of URBN are down 3.27% in premarket trading to $26.00.

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