Goldman Sachs Upgrade Birkenstock Target Price, but Stays Neutral

Monday, 1 July 2024, 17:36

Goldman Sachs has increased its target price for Birkenstock to $59.50 while maintaining a neutral stance on the stock. This move suggests a positive outlook on Birkenstock's performance but without an overt buy recommendation. Investors should monitor how this adjustment may impact the stock's trajectory in the near future.
Investing.com
Goldman Sachs Upgrade Birkenstock Target Price, but Stays Neutral

Goldman Sachs Raises Birkenstock Target

Goldman Sachs has upgraded its target price for Birkenstock to $59.50, indicating confidence in the company's potential.

Neutral Stance Maintained

The investment bank has decided to maintain a neutral stance on Birkenstock, signaling caution despite the price increase.

  • Goldman Sachs has raised the Birkenstock target price to $59.50
  • Neutral stance retained

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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