Broker Recommendations

Stifel cuts Burberry price target, sales forecasts

By Michele Maatouk

Date: Thursday 03 Oct 2024

(Sharecast News) - Burberry was under the cosh on Thursday as Stifel cut its price target on the shares to 720p from 800p and reduced its FY25 and FY26 sales forecasts by 8% and 10%, respectively.
Stifel said it was cutting the sales forecasts as it lowered its retail comps assumptions...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page