UBS downgraded Prada (PRDSY) to Neutral from Buy with a price target of HK$50, down from HK$74. The firm Prada’s positive earnings surprises to normalize in 2026 amid uncertainty from turning fashion and the Versace integration.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PRDSY: