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

Tipranks - Tipranks - Wed Feb 18, 8:05AM CST

Telsey Advisory analyst Dana Telsey maintained a Buy rating on Birkenstock Holding plc today and set a price target of $60.00.

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Telsey covers the Consumer Cyclical sector, focusing on stocks such as Gap Inc, Urban Outfitters, and Birkenstock Holding plc. According to TipRanks, Telsey has an average return of 1.6% and a 41.78% success rate on recommended stocks.

In addition to Telsey Advisory, Birkenstock Holding plc also received a Buy from Citi’s Paul Lejuez in a report issued yesterday. 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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