Birkenstock shares are trading higher after UBS upgraded the stock from Neutral to Buy and raised its price target from $52 to $85.
Portfolio Pulse from Benzinga Newsdesk
Birkenstock shares are trading higher after UBS upgraded the stock from Neutral to Buy and raised its price target from $52 to $85.
July 01, 2024 | 12:53 pm
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POSITIVE IMPACT
UBS has upgraded Birkenstock from Neutral to Buy and increased its price target from $52 to $85, leading to a rise in the stock price.
The upgrade from UBS and the significant increase in the price target are strong positive signals for investors, likely leading to increased buying activity and a rise in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100