Broker Recommendations

Berenberg lowers target price on Asos

By Iain Gilbert

Date: Wednesday 17 Apr 2024

(Sharecast News) - Over at Berenberg, analysts lowed their target price on fast fashion retailer Asos from 510.0p to 490.0p on Wednesday as it lowered its gross margin assumptions to reflect the negative impact of discounting during the first half of the fiscal year.
Berenberg said Asos was making "significant progress"...

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