Bernstein initiated coverage of Salvatore Ferragamo (SFRGY) with an Underperform rating and EUR 3.40 price target The firm says the company’s current product and communications are damaging its brand equity.
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Read More on SFRGY:
- Salvatore Ferragamo price target lowered to EUR 4.50 from EUR 4.80 at JPMorgan
- Salvatore Ferragamo price target lowered to EUR 5.30 from EUR 5.75 at Citi
- Salvatore Ferragamo price target lowered to EUR 5.75 from EUR 7.70 at Citi
- Salvatore Ferragamo price target lowered to EUR 5.40 from EUR 5.70 at Barclays
