Kepler Cheuvreux upgraded Burberry (BURBY) to Hold from Reduce with a price target of 1,300 GBp, up from 700 GBp. The firm says it is time to “look for the most punished names” in European luxury.
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Read More on BURBY:
- Burberry price target raised to 720 GBp from 700 GBp at Barclays
- Burberry price target raised to 1,300 GBp from 1,000 GBp at RBC Capital
- Burberry price target raised to 775 GBp from 650 GBp at JPMorgan
- Burberry price target raised to 13 GBp from 9 GBp at Telsey Advisory
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