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UBS Remains a Buy on Birkenstock Holding plc (BIRK)

Tipranks - Tipranks - Tue Feb 10, 6:10AM CST

UBS analyst Jay Sole maintained a Buy rating on Birkenstock Holding plc today and set a price target of $77.00.

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Sole covers the Consumer Cyclical sector, focusing on stocks such as Nike, American Eagle, and Gap Inc. According to TipRanks, Sole has an average return of 5.5% and a 51.53% success rate on recommended stocks.

In addition to UBS, Birkenstock Holding plc also received a Buy from TipRanks – OpenAI’s OpenAI Apparel – Footwear and Accessories in a report issued on February 7. However, on January 27, Morgan Stanley maintained a Hold rating on Birkenstock Holding plc (NYSE: BIRK).

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Based on Birkenstock Holding plc’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $526.34 million and a net profit of $93.87 million. In comparison, last year the company earned a revenue of $455.76 million and had a net profit of $52.47 million

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