3 Of 4 Birkenstock Analysts Are Bullish: What Does BofA Securities Expect From Shoemaker?

Shares of Birkenstock Holding PLC (NYSE: BIRK) climbed more than 6% last week, after the IPO in mid-October.

Here’s a look at analysts who recently initiated coverage of the stock.

• Telsey Advisory Group analyst Dana Telsey initiated coverage with an Outperform rating and a price target of $47.
• Stifel analyst Jim Duffy initiated coverage with a Buy rating and a price target of $47.
• Piper Sandler analyst Edward Yruma initiated coverage with an Overweight rating and a price target of $50.
• BofA Securities analyst Lorraine Hutchinson initiated coverage with a Neutral rating and a price target of $44.

Check out other analyst stock ratings.

Telsey Advisory Group: Birkenstock has maintained “strong topline trends and an industry-leading margin profile while expanding its portfolio and reach,” Telsey said ...

Full story available on Benzinga.com