RBC Capital downgraded Inditex (IDEXY) to Underperform from Sector Perform with a price target of EUR 50, down from EUR 52. The firm sees more valuation upside for several other retailers.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IDEXY: