Birkenstock reported Q3 results with higher revenues and gross margin contraction. Analysts maintain Buy ratings and price targets of $60.
Shares of Birkenstock Holding PLC (NYSE:BIRK) edged lower in early trading on Friday, after the company reported its fiscal third-quarter (Q3) results on Thursday.
Here are the key analyst takeaways:
Guggenheim Securities analyst Simeon Siegel reiterated a Buy rating and price target of $60.
BTIG analyst Janine Stichter maintained a Buy rating and price target of $60.
Check out other analyst stock ratings.
US stocks: Birkenstock shares jump 15% as strong demand prompts revenue forecast hike
Birkenstock relève ses ambitions, l'action marche sur du velours
Birkenstock: Prognose nach starkem Quartal angehoben – Aktie steigt
Unternehmenszahlen: Boom bei Sandalen-Klassiker – Birkenstock hebt Prognose an
Birkenstock raises forecasts as shoppers snap up pricey sandals
Birkenstock chiude il trimestre a +13%, aumentata la guidance | MilanoFinanza News
Birkenstock: Großaktionär L Catterton nutzt Kurssprung für Aktienverkauf im Milliardenwert
Birkenstock revisa al alza sus previsiones gracias a la sólida demanda de sandalias
Birkenstock: Großaktionär L Catterton trennt sich von Aktienpaket
Aktienverkauf: Birkenstock-Großaktionär L Catterton trennt sich von Aktienpaket
Birkenstock has raised its annual sales growth forecast after surpassing quarterly revenue expectations. The company's robust…
