Stifel Maintains Buy on Birkenstock Holding, Raises Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Jim Duffy has reaffirmed a Buy rating on Birkenstock Holding (NYSE:BIRK) and increased the price target from $47 to $52.
December 14, 2023 | 2:13 pm
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POSITIVE IMPACT
Stifel analyst Jim Duffy maintains a Buy rating on Birkenstock Holding and raises the price target from $47 to $52, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a bullish outlook on the stock, which can lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100