Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Markets & Finance

UBS Piper Starts Urban Outfitters at Buy

USB Piper Jaffray initiates Urban Outfitters (URBN) with a buy rating and a $26 target.

Analyst Jeffrey Klinefelter says the retailer has evolved into a strong lifestyle brand serving the 18 to 30 year-old urban consumer, and the 30 to 45 year-old woman through two distinct concepts. He thinks strong sector momentum combined with trend-right merchandise and feminine fashion cycle should position the company to generate significant growth rates. Klinefelter says retail expansion is expected to fuel top and bottom-line growth during the next several years. He believes the company has a strong management team with well-balanced retail experience. He sees $0.81 EPS for fiscal 2002 (Jan.) and $1.04 in fiscal 2003.

blog comments powered by Disqus