Baird analyst Mark Altschwager lowered the firm’s price target on Birkenstock (BIRK) to $60 from $70 and keeps an Outperform rating on the shares. The firm updated it model following Q4 results and recommended invstors buy the shares on a pullback.
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Read More on BIRK:
- Birkenstock downgraded to Hold from Buy at Williams Trading
- Jefferies axes Birkenstock price target, says would be buyers on weakness
- Birkenstock: Buy Rating on Durable Demand, Capacity-Driven Upside, and Undemanding Valuation
- Birkenstock price target lowered to $58 from $66 at Stifel
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