Baird analyst Mark Altschwager raised the firm’s price target on Birkenstock (BIRK) to $70 from $65 and keeps an Outperform rating on the shares. The firm updated its model following Q2 results where management raised its outlook and believes its brand momentum continues.
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Read More on BIRK:
- Birkenstock price target raised to $73 from $70 at BofA
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- Birkenstock Holding Reports Strong Revenue and Profit Growth
- Birkenstock’s Earnings Call: Record Growth Amid Challenges
- Birkenstock Holding plc: Strong Market Position and Growth Potential Justify Buy Rating
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