UPDATE: FBR Capital Markets Initiates Coverage on Urban Outfitters on Healthy Margins, Strong Growth

In a report published Wednesday, FBR Capital Markets analyst Susan Anderson initiated coverage on Urban Outfitters (NASDAQ: URBN ) with an Outperform rating and $43.00 price target. In the report, FBR Capital Markets noted, “We are initiating coverage of Urban Outfitters, Inc. (URBN) with an Outperform rating and a 12-month