Urban Outfitters downgraded
October 17, 2014 at 13:13 PM EDT
Goldman Sachs downgraded Urban Outfitters Inc. (Nasdaq: URBN)
from a Buy rating to a Neutral rating and lowered its price target from
$44 to $31 while Morgan Stanley downgraded the company from an
Overweight rating to an Equal Weight rating. Janney Capital Markets
downgraded the retailer from a Buy rating to a Neutral rating. The stock price plunged $4.73 to $29.83.