Updates
** Shares of apparel retailer Urban Outfitters rise as much as 13.8% to $77.71, highest since August 28
** 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
** Stock set for its best day since May 22, if gains hold
** Marketing boosted store and online traffic, while new lease campaigns drove double-digit growth in active subscribers, says COO Francis Conforti on the earnings call
** At least six brokerages raise PT following results
** URBN's sales momentum continues to impress, say Wells Fargo analysts
** Up to last close, stock up ~25% YTD
(Reporting by Sanskriti Shekhar in Bengaluru)
((Sanskriti.Shekhar@thomsonreuters.com))