UBS AG has raised its rating for Hugo Boss from "Neutral" to "Buy," with a higher price target of 49 euros, suggesting a positive outlook for the fashion brand.
Analyst Susy Tibaldi believes that the period of declining profit estimates is coming to an end and expects a revaluation for the company in 2025.
This recommendation, published on December 3, 2024, reflects a shift in sentiment towards Hugo Boss' future performance, which may be significant for investors navigating current market challenges.