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Stifel Nicolaus Sticks to Its Buy Rating for Birkenstock Holding plc (BIRK)

Tipranks - Tipranks - Sat Feb 14, 7:14AM CST

Stifel Nicolaus analyst Peter McGoldrick reiterated a Buy rating on Birkenstock Holding plc today and set a price target of $58.00.

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According to TipRanks, McGoldrick is a 3-star analyst with an average return of 9.4% and a 55.56% success rate. McGoldrick covers the Consumer Cyclical sector, focusing on stocks such as Deckers Outdoor, Nike, and Birkenstock Holding plc.

In addition to Stifel Nicolaus, Birkenstock Holding plc also received a Buy from Goldman Sachs’s Adrien Duverger 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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