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Telsey Advisory Reaffirms Their Buy Rating on Birkenstock Holding plc (BIRK)

Tipranks - Tipranks - Thu May 14, 9:48AM CDT

In a report released today, Dana Telsey from Telsey Advisory maintained a Buy rating on Birkenstock Holding plc, with a price target of $60.00.

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According to TipRanks, Telsey is an analyst with an average return of -1.7% and a 37.27% success rate. Telsey covers the Consumer Cyclical sector, focusing on stocks such as Steven Madden, Abercrombie Fitch, and Tapestry.

In addition to Telsey Advisory, Birkenstock Holding plc also received a Buy from William Blair’s Sharon Zackfia in a report issued today. However, on the same day, Bernstein 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 December 31, the company reported a quarterly revenue of $401.9 million and a net profit of $50.56 million. In comparison, last year the company earned a revenue of $361.72 million and had a net profit of $20.12 million

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