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

Tipranks - Tipranks - Fri Feb 6, 8:50AM CST

In a report released today, Dana Telsey from Telsey Advisory maintained a Buy rating on Birkenstock Holding plc, with a price target of $60.00.

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According to TipRanks, Telsey is a 3-star analyst with an average return of 2.2% and a 42.19% success rate. Telsey covers the Consumer Cyclical sector, focusing on stocks such as Gap Inc, Urban Outfitters, and Steven Madden.

In addition to Telsey Advisory, Birkenstock Holding plc also received a Buy from TipRanks – xAI’s xAi Apparel – Footwear and Accessories 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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