RBC Capital analyst Piral Dadhania upgraded Burberry (BURBY) to Outperform from Sector Perform with a price target of 900 GBp, up from 650 GBp. The firm says Burberry is potentially an acquisition target for Moncler or other industry players.
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Read More on BURBY:
- Burberry upgraded to Outperform from Market Perform at Bernstein
- 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