What Does Wall Street Think About Urban Outfitters (URBN)?

Urban Outfitters, Inc. (NASDAQ:URBN) is one of the most undervalued retail stocks to invest in. In a report released on September 18, Ike Boruchow from Wells Fargo maintained a Hold rating on Urban Outfitters, Inc. (NASDAQ:URBN) and set a price target of $75.00.

Urban Outfitters, Inc. (URBN): It’s An “Outlier,” Says Jim Cramer

However, while UBS maintained a Neutral rating on the stock on September 2, it raised its price target on Urban Outfitters, Inc. (NASDAQ:URBN) to $79 from $78, telling investors in a research note that the company had a solid Q2 print and Q3 guidance.

Currently, Urban Outfitters, Inc. (NASDAQ:URBN) has an analyst consensus of Moderate Buy, and its median price target of $73.19 implies an upside of 12.04% from current levels.

Urban Outfitters, Inc. (NASDAQ:URBN) is a lifestyle products and services company that operates through three segments: Retail, Wholesale, and Nuuly.

The Retail segment encompasses its store and digital channels and manages the Anthropologie, Free People, FP Movement, and Urban Outfitters brands.

The Nuuly segment comprises the Nuuly brand, which includes Nuuly Thrift and Nuuly Rent, a monthly women’s apparel subscription rental service.

While we acknowledge the potential of URBN to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than URBN and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.