Citi loves Urban Outfitters (URBN) and why not? The stock has nearly doubled over the past 52-weeks, and the company has defied the consumer slowdown.
According to Citi analyst Kimberly Greenberger, the best is yet to come for the "hip" retailer:
Mgmt indicated it is seeing no sign of recession as we believe product differentiation & unique store experience is driving con't sales momentum.
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