Barclays analyst Carole Madjo upgraded Burberry (BURBY) to Equal Weight from Underweight with a price target of 1,000 GBp, up from 720 GBp. The firm says its concerns around the dilution of the brand equity now appear less likely to materialize.
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Read More on BURBY:
- Burberry price target raised to 850 GBp from 775 GBp at JPMorgan
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