Exane BNP Paribas analyst Warwick Okines downgraded Puma (PUMSY) to Neutral from Outperform with a EUR 25 price target The firm sees low visibility and is concerned Puma’s profits could decline for several quarters.
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Read More on PUMSY:
- PUMA SE Reports 2024 Sales Growth Amid Challenges
- PUMA SE NPV: Hold Rating Amidst Declining Performance and Sector Challenges
- Puma price target lowered to EUR 27 from EUR 37 at Morgan Stanley
- Puma downgraded to Neutral from Outperform at Oddo BHF
- PUMA SE NPV: Overcoming Challenges with Potential Upside and Brand Desirability
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