Exane BNP Paribas analyst Antoine Belge upgraded Burberry (BURBY) to Outperform from Neutral with a 1,350 GBp price target The firm cites the company’s commerciality improvements and its estimates being significantly higher than consensus for the upgrade.
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Read More on BURBY:
- Burberry upgraded to Hold from Reduce at Kepler Cheuvreux
- 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