Berenberg initiated coverage of Puma (PUMSY) with a Buy rating and EUR 40 price target Within sporting goods, the firm favors incumbents over “challenger brands” given their “deep” franchise values which underpin the long-term sustainability of returns. Puma is its top pick.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PUMSY:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue