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ubs revises luxury stock ratings with target price adjustments

UBS has revised its ratings and target prices for several European luxury stocks. Salvatore Ferragamo's recommendation was upgraded to "Neutral," while Brunello Cucinelli's target price increased to €108. Moncler's target price was cut to €50. Hugo Boss received a "Buy" upgrade with a target price of €49, while Hermes' target price decreased to €2,475. In contrast, Burberry's target price rose to 1,000p, Richemont to CHF 150, Kering to €228, LVMH to €648, and Swatch to CHF 140.
12:02 03.12.2024

UBS Adjusts Ratings and Target Prices for European Luxury Stocks

UBS has revised its ratings and target prices for several major European luxury stocks. Notably, it upgraded Hugo Boss to "Buy" with a target price of 49 euros per share, while cutting Moncler's recommendation to 50 euros. Target prices were also adjusted for brands like Hermes, Burberry, Richemont, Kering, LVMH, and Swatch.
11:02 03.12.2024

Hugo Boss Expands Fashion Portfolio with Diverse Brand Offerings

Hugo Boss AG, a German company, specializes in developing and marketing a diverse range of men's and women's clothing and accessories for the global fashion market. Its extensive portfolio includes various brands such as BOSS, HUGO, and BOSS Orange, offering products from business wear to sportswear, leather goods, and licensed fragrances. Each brand targets specific segments, ensuring a comprehensive approach to fashion and lifestyle.
11:00 03.12.2024

UBS upgrades Hugo Boss to buy with target price raised to 49 euros

UBS has upgraded Hugo Boss from "Neutral" to "Buy," increasing its price target from 41 to 49 euros. Analyst Susy Tibaldi anticipates a revaluation in 2025, suggesting that the period of declining profit estimates for the company will soon come to an end.
10:50 03.12.2024

UBS Upgrades Hugo Boss to Buy with Target Price Raised to 49 Euros

UBS has upgraded Hugo Boss from "neutral" to "buy," increasing its price target from €41 to €49. Analyst Susy Tibaldi anticipates a revaluation in 2025, suggesting that the period of lower earnings estimates for the company will soon come to an end.
10:13 03.12.2024

UBS upgrades Hugo Boss to buy with target raised to 49 euros

UBS has upgraded Hugo Boss from "Neutral" to "Buy," increasing its price target from 41 to 49 euros. Analyst Susy Tibaldi anticipates a revaluation in 2025, suggesting that the period of declining profit estimates for the company will soon come to an end.
09:50 03.12.2024

UBS upgrades Hugo Boss to buy with target price raised to 49 euros

UBS has upgraded Hugo Boss from "Neutral" to "Buy," raising the target price from 41 to 49 euros. Analyst Susy Tibaldi anticipates a reevaluation in 2025, suggesting that the period of declining profit estimates for the company may soon be over.
09:50 03.12.2024

ubs upgrades hugo boss to buy with target price of 49 euros

UBS has upgraded Hugo Boss to a 'Buy' rating, raising the target price to 49 euros. The stock saw a significant increase, closing at €34.13, up 4.69% on the day, with trading activity across various exchanges reflecting positive momentum. The annual high for the stock stands at €70.50, while the low is €31.87.
08:38 03.12.2024

UBS upgrades Hugo Boss to buy with increased price target

UBS has upgraded Hugo Boss from "Neutral" to "Buy," increasing its price target from 41 to 49 euros. Analyst Susy Tibaldi anticipates a revaluation in 2025, suggesting that the period of declining profit estimates for the company will soon come to an end.
08:28 03.12.2024

Hugo Boss shares rise after UBS upgrades to buy with higher price target

UBS has upgraded HUGO BOSS from "Neutral" to "Buy," raising its price target from 41 to 49 euros. Analyst Susy Tibaldi anticipates a revaluation in 2025, predicting an end to declining profit estimates for the company. Following the announcement, HUGO BOSS shares rose 3.19% to 33.64 euros in XETRA trading.
11:00 28.11.2024
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