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Moncler downgraded to Neutral from Buy at Goldman Sachs

Goldman Sachs analyst Louise Singlehurst downgraded Moncler (MONRY) to Neutral from Buy with a price target of EUR 57, down from EUR 62.50. While the firm expect Moncler’s brand momentum in fiscal 2025 to trough in Q2, it now takes a more conservative view of the the second half of 2025 trajectory. The analyst sees a lack of catalysts at current share levels.

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