BNP Paribas Exane upgraded Puma (PUMSY) to Neutral from Underperform with a EUR 21 price target The firm says the company is now in a “special situation territory” with a takeover possible.
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Read More on PUMSY:
- Puma Positioned for Growth: Buy Rating Amid Brand Cycle Opportunities and Strategic Leadership
- Puma downgraded to Neutral from Buy at Rothschild & Co Redburn
- Puma initiated with an Outperform at Bernstein
- France’s Artemis won’t exit Puma stake at current value, Reuters says
- Puma price target lowered to EUR 16 from EUR 21 at JPMorgan