Bernstein upgraded Kering (PPRUY) to Market Perform from Underperform with a price target of EUR 235, down from EUR 250. The firm cites reduced consensus estimates for the upgrade.
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Read More on PPRUY:
- Kering Earnings Call: Painful Reset, Early Turnaround Signs
- Kering price target raised to EUR 330 from EUR 315 at Morgan Stanley
- Kering upgraded to Hold from Sell at DZ Bank
- Balanced Outlook on Gucci: Early Recovery Signs Offset by Ongoing Execution and Demand Risks Supporting Hold Rating
- Kering price target lowered to EUR 315 from EUR 370 at Morgan Stanley
