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Kering upgraded to Equal Weight from Underweight at Barclays

Barclays analyst Viktoria Petrova upgraded Kering (PPRUY) to Equal Weight from Underweight with a price target of EUR 300, up from EUR 255. The firm, which transferred coverage to a new analyst, expects the luxury sector to grow about 3% in 2026 and then stabilize at about 4%, likes stocks that can deliver above-market growth through self-help.

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