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moncler faces downgrades amid concerns over slowing chinese demand

Moncler has received downgrades from UBS, JP Morgan, and AlphaValue due to concerns over slowing Chinese demand, despite solid performance. UBS lowered its target price from 63 to 53 euros, while JP Morgan adjusted its forecast for fiscal 2024-26 down by 5-7 percent. Analysts highlight risks in the upcoming quarters but note potential upside from new collections and seasonal demand.
MF Milano Finanza
Euro Alphavalue SA Moncler S.p.A. JP Morgan Chase Bank Setr Brunello Cucinelli S.p.A. CHN ITA Carlo Rivetti Remo Ruffini Show more
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09:00 24.09.2024
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