finance
Goldman Sachs Upgrades Urban Outfitters to Buy With $93 Target
Goldman Sachs raised its rating on Urban Outfitters to buy on July 20, 2026, and set a $93 price target. The move implies 27.4 percent upside from recent closing levels. Shares rose after the announcement.
Jul 20, 3:10 PM·1m read2 sources
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Goldman Sachs upgraded Urban Outfitters to a buy rating on July 20, 2026, and set a $93 price target. The target signals a 27.4 percent upside from recent closing levels. The upgrade highlighted recovery in core apparel brands and growth from the Nuuly subscription service.
Nuuly now drives roughly 30 percent of the company's total sales growth. Urban Outfitters shares gained after the upgrade, according to Bloomberg. The Seeking Alpha Quant model rates the stock as a neutral hold.
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