UBS has maintained a "Neutral" rating for Puma SE, setting a target price of 43.50 euros. Analyst Robert Krankowski noted that the company's operating results exceeded expectations, primarily due to postponed marketing expenses. However, he predicts a negative reaction in the share price, as growth heavily relies on the American market.
UBS has maintained a "Neutral" rating for Puma SE with a target price of 43.50 euros, following quarterly results that exceeded expectations, primarily due to postponed marketing expenses. Analyst Robert Krankowski predicts a negative reaction in the share price, citing that growth is heavily reliant on the American market.
UBS has maintained a 'Neutral' rating for Puma SE, setting a target price of 43.50 euros. Analyst Robert Krankowski noted that the company's operating results exceeded expectations, primarily due to postponed marketing expenses. However, he predicts a negative reaction in the share price, as growth heavily relies on the American market.
UBS has maintained a 'Neutral' rating for Puma SE, setting a price target of 43.50 euros. Analyst Robert Krankowski noted that the company's operating results exceeded expectations, primarily due to delayed marketing expenses. However, he anticipates a negative reaction in the share price, as growth is heavily reliant on the American market.
UBS has increased its price target for Ferrari from $478 to $513, maintaining a "Buy" rating. Analyst Robert Krankowski noted that while the third quarter is expected to be the weakest for the sports car manufacturer this year, the long-term growth story remains strong. Ferrari's net sales are primarily driven by luxury sports car manufacturing, which accounts for 85.8% of its revenue.
UBS has maintained a 'Buy' rating for EssilorLuxottica, setting a target price of 232 euros, following the eyewear group's quarterly sales figures. Analyst Robert Krankowski expressed concerns about the disappointing results, which may impact the anticipated margin increase in the second half of the year. As of the latest trading, EssilorLuxottica's stock was down 1.25% at €213.60.
UBS has assigned a "buy" rating to EssilorLuxottica with a target price of 232 euros following the eyewear group's quarterly sales figures. Analyst Robert Krankowski noted that the disappointing results raise concerns about the anticipated margin increase in the second half of the year.
UBS has reduced its target price for Puma SE from 48.50 to 43.50 euros, maintaining a "Neutral" rating. Analyst Robert Krankowski noted that Puma is currently facing challenges, with profitability expectations for 2025 becoming increasingly difficult to meet.
UBS has reduced its price target for Puma SE from €48.50 to €43.50 while maintaining a "Neutral" rating. Analyst Robert Krankowski noted that Puma is currently facing challenges in achieving its profitability targets for 2025, as recent favorable conditions have shifted to headwinds.
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