Deutsche Bank downgraded Burberry (BURBY) to Hold from Buy with a price target of 1,000 GBp, up from 900 GBp. The company’s strategic change is largely priced into the shares, the analyst tells investors in a research note.
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Read More on BURBY:
- Burberry Group PLC: Navigating Challenges and Strategic Turnaround
- Burberry’s Hold Rating: Navigating Uncertainty Amid Macroeconomic Challenges
- Burberry upgraded to Buy from Neutral at Citi
- Burberry price target lowered to 825 GBp from 1,125 GBp at Morgan Stanley
- Burberry price target lowered to 1,200 GBp from 1,300 GBp at RBC Capital