Morgan Stanley Maintains Equal-Weight on Birkenstock Holding, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Edouard Aubin maintains an Equal-Weight rating on Birkenstock Holding (NYSE:BIRK) and raises the price target from $44 to $58.
June 25, 2024 | 9:31 am
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Morgan Stanley analyst Edouard Aubin maintains an Equal-Weight rating on Birkenstock Holding (NYSE:BIRK) and raises the price target from $44 to $58.
The raised price target from $44 to $58 by a reputable analyst at Morgan Stanley is likely to have a positive short-term impact on Birkenstock Holding's stock price. The Equal-Weight rating suggests a neutral stance, but the significant increase in the price target indicates improved expectations for the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100