Bernstein downgraded Moncler (MONRY) to Market Perform from Outperform with a price target of EUR 65, up from EUR 60. Moncler’s “bimodal” share price performance will likely start taking effect due to seasonality, the analyst tells investors in a research note.
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Read More on MONRY:
- Moncler S.p.A. Hold Rating: Balancing Strong Performance with Market Volatility and Conservative Growth Strategy
- Moncler price target raised to EUR 64 from EUR 56 at Barclays
- Moncler Hold Rating: Premium Valuation and Wholesale Sector Rationalization Limit Upside Potential
- Moncler price target raised to EUR 63 from EUR 55 at JPMorgan
- Moncler price target raised to EUR 67 from EUR 50 at Deutsche Bank