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Birkenstock Holding plc (BIRK) Gets a Buy from Citi

Tipranks - Tipranks - Tue Feb 17, 6:58AM CST

In a report released today, Paul Lejuez from Citi reiterated a Buy rating on Birkenstock Holding plc, with a price target of $65.00.

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Lejuez covers the Consumer Cyclical sector, focusing on stocks such as Ralph Lauren, TJX Companies, and Tapestry. According to TipRanks, Lejuez has an average return of 12.3% and a 61.60% success rate on recommended stocks.

In addition to Citi, Birkenstock Holding plc also received a Buy from TipRanks – OpenAI’s OpenAI Apparel – Footwear and Accessories in a report issued on February 14. However, on the same day, TipRanks – xAI reiterated 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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