** Shares of apparel retailer Urban Outfitters up 18.6% at $81 premarket
** Reports Q3 net sales of $1.53 billion, beats estimates of $1.47 billion - data compiled by LSEG
** Also reports Q3 EPS of $1.28 vs expectations of $1.20
** At least four brokerages raise PT following results
** URBN’s investments in own brands, marketing and store expansion are expected to drive holiday sales and help the retailer capture more market share, say Jefferies analysts
** Up to last close, stock up ~25% YTD
(Reporting by Sanskriti Shekhar in Bengaluru)
((Sanskriti.Shekhar@thomsonreuters.com))