Urban Outfitters, Inc. 's first-quarter earnings report sent the stock lower by nearly 3 percent Wednesday. With the stock trading at its lowest level in years, some among Wall Street aren't ready to recommend the stock. Wunderlich's Eric Beder maintained a Hold rating on Urban Outfitters with a price target lowered from $26 to $20 after the retailer's first-quarter revenue, margin and earnings all fell short of expectations. Beder did acknowledge that Urban Outfitters' troubles isn't an outlier as nearly all specialty retailers are suffering from various "external consumer market headwinds." However, in Urban Outfitters' case, the analyst believes management is guilty of committing several "internal missteps" which is hurting its revenue, margin and earnings potential in both the short and long term.Source