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Ermenegildo Zegna price target raised to $8.80 from $8 at TD Cowen

TD Cowen analyst Oliver Chen raised the firm’s price target on Ermenegildo Zegna (ZGN) to $8.80 from $8 and keeps a Hold rating on the shares. The firm said they were impressed by DTC up +7.5% which reflects bespoke engagement, relevant and timeless product, and new customer recruitment.

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