Citigroup Initiates Coverage On Birkenstock Holding with Buy Rating, Announces Price Target of $52
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Paul Lejuez has initiated coverage on Birkenstock Holding (NYSE:BIRK) with a Buy rating and a price target of $52.

November 06, 2023 | 2:11 pm
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Citigroup has initiated coverage on Birkenstock Holding with a Buy rating and a price target of $52, which could positively impact the stock's performance.
The initiation of coverage by a major financial institution like Citigroup often brings a stock into focus for investors. The Buy rating indicates that Citigroup believes the stock will outperform the market, which could lead to increased demand for the stock. The price target of $52 suggests that Citigroup believes there is significant upside potential for the stock, which could also attract investors and drive the stock price up.
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