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RBC Capital cuts Burberry price target

By Michele Maatouk

Date: Friday 28 Mar 2025

(Sharecast News) - RBC Capital Markets cut its price target on Burberry on Friday to 1,200p from 1,300p as it reduced FY26 EBIT estimates.
The bank noted that Burberry shares have been weak, reversing all post 1H gains. This likely reflects fourth-quarter retail LFL expectations unlikely to show a sequential improvement,...

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