UBS Maintains Buy Rating for Hugo Boss with Target Price of 49 Euros

Hugo Boss has been given a 'Buy' rating by UBS, with a target price of 49 euros. The company's advantageous geographical sales distribution is seen as a key factor supporting this recommendation.

Hugo Boss shares have shown a strong recovery, and analysts believe that the stock will only experience a clear turnaround if it surpasses the 44 euro mark.

Market analyst Jens Klatt from XTB in Germany has been closely monitoring the performance of Hugo Boss AG, which has emerged as one of the notable winners on the German stock market recently.

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