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Telsey Advisory Sticks to Its Buy Rating for Birkenstock Holding plc (BIRK)

Tipranks - Tipranks - Wed May 27, 8:12AM CDT

In a report released today, Dana Telsey from Telsey Advisory maintained a Buy rating on Birkenstock Holding plc, with a price target of $45.00.

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According to TipRanks, Telsey is an analyst with an average return of -0.5% and a 40.73% success rate. Telsey covers the Consumer Cyclical sector, focusing on stocks such as Ross Stores, Burlington Stores, and Abercrombie Fitch.

In addition to Telsey Advisory, Birkenstock Holding plc also received a Buy from Goldman Sachs’s Adrien Duverger in a report issued on May 21. However, on May 14, Bernstein assigned a Hold rating to Birkenstock Holding plc (NYSE: BIRK).

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Based on Birkenstock Holding plc’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $628.5 million and a net profit of $83.23 million. In comparison, last year the company earned a revenue of $574.33 million and had a net profit of $105.11 million

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