Credit Suisse Maintains Outperform on Farfetch, Raises Price Target to $12
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Stephen Ju maintains an Outperform rating on Farfetch (NYSE:FTCH) and raises the price target from $11 to $12.
May 19, 2023 | 11:40 am
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Credit Suisse maintains an Outperform rating on Farfetch and raises the price target from $11 to $12.
The Outperform rating maintained by Credit Suisse and the raised price target from $11 to $12 indicate a positive outlook for Farfetch's stock. This news is likely to have a positive impact on the stock price in the short term as it reflects the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100