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Burberry (BRBY) Receives a Buy from UBS

Tipranks - Tipranks - Thu Jan 22, 4:32AM CST

In a report released today, Zuzanna Pusz from UBS maintained a Buy rating on Burberry, with a price target of p1,570.00.

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According to TipRanks, Pusz is a 4-star analyst with an average return of 6.8% and a 58.42% success rate. Pusz covers the Consumer Cyclical sector, focusing on stocks such as Ferrari, Burberry, and Compagnie Financiere Richemont SA.

In addition to UBS, Burberry also received a Buy from RBC Capital’s Piral Dadhania in a report issued on January 7. However, on January 16, Telsey Advisory maintained a Hold rating on Burberry (LSE: BRBY).

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Based on Burberry’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of p1.03 billion and a GAAP net loss of p26 million. In comparison, last year the company earned a revenue of p1.09 billion and had a GAAP net loss of p74 million

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