Morgan Stanley Initiates Coverage On Birkenstock Holding with Equal-Weight Rating, Announces Price Target of $41
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Edouard Aubin has initiated coverage on Birkenstock Holding (NYSE:BIRK) with an Equal-Weight rating and a price target of $41.
November 06, 2023 | 9:55 am
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Morgan Stanley has initiated coverage on Birkenstock Holding with an Equal-Weight rating and a price target of $41.
The initiation of coverage by Morgan Stanley is a significant event for Birkenstock Holding. The Equal-Weight rating suggests that the stock is expected to perform in line with the market or other stocks in the sector. The price target of $41 provides a reference point for investors, but does not necessarily suggest a strong upward or downward movement in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100