UBS Maintains Neutral on Farfetch, Lowers Price Target to $3.3
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Kunal Madhukar maintains a Neutral rating on Farfetch (NYSE:FTCH) and lowers the price target from $6.7 to $3.3.
September 08, 2023 | 2:30 pm
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NEGATIVE IMPACT
UBS analyst Kunal Madhukar has maintained a Neutral rating on Farfetch but lowered the price target from $6.7 to $3.3.
The lowering of the price target by UBS analyst Kunal Madhukar from $6.7 to $3.3 indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Farfetch's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100