We still Love Urban Outfitters But Here Is Why We Are Exiting the Trade
May 14, 2018 by InvestorDestination Team
For the last few years, Anthropology was struggling to deliver dresses consumers find appealing. Finally, it is turning around and offering what consumers what. We do like Urban Outfitters management’s (NASDAQ:URBN) disciplined approach and its three strong brands. However, the stock price has reached our target price, and in the fashion business, wind can turn any time. We want to be disciplined in our method. So, we are exiting the trade.
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