B of A Securities Upgrades Birkenstock Holding to Buy, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has upgraded Birkenstock Holding (NYSE:BIRK) from Neutral to Buy and raised the price target from $62 to $65.
July 25, 2024 | 11:46 am
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POSITIVE IMPACT
B of A Securities has upgraded Birkenstock Holding from Neutral to Buy and increased the price target from $62 to $65, indicating a positive outlook on the stock.
The upgrade from Neutral to Buy and the increase in the price target suggest that B of A Securities has a positive outlook on Birkenstock's future performance. This is likely to attract more investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100