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Birkenstock Holding plc (BIRK) Gets a Buy from J.P. Morgan

Tipranks - Tipranks - Sat Feb 14, 6:58AM CST

In a report released yesterday, Matthew Boss from J.P. Morgan maintained a Buy rating on Birkenstock Holding plc, with a price target of $52.00.

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According to TipRanks, Boss is a 4-star analyst with an average return of 7.3% and a 56.42% success rate. Boss covers the Consumer Cyclical sector, focusing on stocks such as Tapestry, Lululemon Athletica, and Royal Caribbean.

In addition to J.P. Morgan, Birkenstock Holding plc also received a Buy from Stifel Nicolaus’s Peter McGoldrick in a report issued today. However, yesterday, TipRanks – xAI downgraded Birkenstock Holding plc (NYSE: BIRK) to a Hold.

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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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