In another case of horses and stable doors (see MS on WebMD), Citi cuts Urban Outfitters (URBN)...

|About: Urban Outfitters, Inc. (URBN)|By:, SA News Editor

In another case of horses and stable doors (see MS on WebMD), Citi cuts Urban Outfitters (URBN) to sell from buy and slashes its price target to $20 from $34, citing "too much management flux" and "not enough merchandise traction." Urban is tanking 16.35% to $24.60 following yesterday's news that it's replacing its CEO.