Baird Initiates Coverage On Birkenstock Holding with Outperform Rating, Announces Price Target of $48
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Mark Altschwager has initiated coverage on Birkenstock Holding (NYSE:BIRK) with an Outperform rating and a price target of $48.
November 06, 2023 | 2:09 pm
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POSITIVE IMPACT
Baird's Outperform rating and price target of $48 for Birkenstock Holding could potentially boost the company's stock in the short term.
Analyst ratings and price targets can significantly influence a company's stock price. In this case, Baird's Outperform rating and price target of $48 for Birkenstock Holding suggest a positive outlook for the company, which could potentially lead to an increase in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100