BMO Capital Maintains Outperform on Birkenstock Holding, Raises Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Simeon Siegel has maintained an Outperform rating on Birkenstock Holding (NYSE:BIRK) and increased the price target from $50 to $54.
March 01, 2024 | 2:16 pm
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POSITIVE IMPACT
BMO Capital has maintained an Outperform rating on Birkenstock Holding and raised the price target from $50 to $54.
The upgrade in price target by a reputable analyst like Simeon Siegel suggests a positive outlook on Birkenstock Holding's financial performance and growth prospects. This is likely to increase investor confidence and could lead to a short-term uptick in BIRK's stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100