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Burberry upgraded to Overweight from Equal Weight at Barclays

Barclays analyst Carole Madjo upgraded Burberry (BURBY) to Overweight from Equal Weight with a price target of 1,450 GBp, up from 1,340 GBp. The solid earnings report shows the brand’s “turnaround story is working,” the analyst tells investors in a research note. The firm views Burberry as an “attractive self-help play” for 2026.

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