RBC Capital analyst Wei-Weng Chen downgraded Breville Group to Underperform from Sector Perform with a price target of A$22, up from A$21. The analyst sees a “highly uncertain” outlook in fiscal 2024 and attributes the post-earnings rally to elevated short interest.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on BVILF: