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Kepler upgrades Burberry, says it's 'time to look for the most punished names' in luxury

By Michele Maatouk

Date: Wednesday 26 Feb 2025

(Sharecast News) - Kepler Cheuvreux upgraded Burberry on Wednesday as it took a look at European luxury stocks.
"After a challenging 2024, we believe growth bottomed out in Q3 2024 and now expect a slow recovery, mainly in the second half of the year," it said.

"Margins should rebound moderately...

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