Kepler Cheuvreux analyst Charles-Louis Scotti upgraded Kering (PPRUY) to Buy from Hold with a price target of EUR 350, up from EUR 250. The firm says it is time to “look for the most punished names” in European luxury.
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Read More on PPRUY:
- Kering price target raised to EUR 195 from EUR 190 at Barclays
- Kering price target raised to EUR 340 from EUR 320 at Deutsche Bank
- Kering price target raised to EUR 280 from EUR 250 at Morgan Stanley
- Kering downgraded to Sell from Hold at DZ Bank
- Kering SA: Hold Rating Amid Modest Gucci Growth and High Valuation Concerns
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