3 Of 4 Birkenstock Analysts Are Bullish: What Does BofA Securities Expect From Shoemaker?
Portfolio Pulse from Priya Nigam
Shares of Birkenstock Holding PLC (NYSE:BIRK) climbed more than 6% last week, after the IPO in mid-October. Four analysts initiated coverage on the stock, with three bullish and one neutral. Telsey Advisory Group, Stifel, and Piper Sandler analysts initiated coverage with bullish ratings and price targets of $47, $47, and $50 respectively. BofA Securities analyst initiated coverage with a neutral rating and a price target of $44.
November 06, 2023 | 4:04 pm
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POSITIVE IMPACT
Birkenstock Holding PLC (NYSE:BIRK) received bullish ratings from three analysts and a neutral rating from one, which could potentially influence the stock's performance in the short term.
The bullish ratings from three analysts and a neutral rating from one analyst could potentially influence the stock's performance in the short term. The price targets set by the analysts are higher than the current stock price, which could lead to an increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100