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UBS Keeps Their Buy Rating on Birkenstock Holding plc (BIRK)

Tipranks - Tipranks - Fri Jan 30, 6:08AM CST

In a report released today, Jay Sole from UBS reiterated a Buy rating on Birkenstock Holding plc, with a price target of $77.00.

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According to TipRanks, Sole is a 4-star analyst with an average return of 5.3% and a 51.32% success rate. Sole covers the Consumer Cyclical sector, focusing on stocks such as Nike, American Eagle, and Gap Inc.

In addition to UBS, Birkenstock Holding plc also received a Buy from Bank of America Securities’s Lorraine Hutchinson in a report issued today. However, on January 27, Morgan Stanley 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 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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