UBS has given Hennes & Mauritz (H&M) a "Buy" rating and a target price of 191 Swedish kronor.
Analyst Sreedhar Mahamkali expressed concerns about H&M's sales recovery, which is a key focus for investors. However, there are early signs of progress in this area.
The report emphasizes the importance of consistent growth for H&M to enhance its investment appeal. The analysis was published after a conference organized by a major Swiss bank, indicating ongoing interest in the company's performance and market strategies.