Bernstein analyst Luca Solca upgraded Burberry (BURBY) to Outperform from Market Perform with a 930 GBp price target Burberry “seems set on the right course” with the appointment of Josh Schulman “a net positive and a precursor of a more realistic approach to product and price,” the analyst tells investors in a research note.
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Read More on BURBY:
- Burberry price target lowered to 740 GBp from 800 GBp at Deutsche Bank
- Burberry price target raised to 760 GBp from 695 GBp at Citi
- Burberry price target lowered to 650 GBp from 800 GBp at JPMorgan
- Burberry downgraded to Underperform from Hold at Jefferies
- Burberry downgraded to Underweight from Equal Weight at Barclays