Urban Outfitters "outperform"

04/02/07 - Morgan Keegan

NEW YORK, April 2 (newratings.com) - Analysts at Morgan Keegan reiterate their "outperform" rating on Urban Outfitters Inc (URBN).

In a research note published this morning, the analysts mention that the company has indicated that its total comparable store sales are positive so far in the quarter. Urban Outfitters is expected to achieve an MSD comp at the Anthro unit in the quarter, the analysts say. There is upside to the estimates for the company, Morgan Keegan adds.