Exane BNP Paribas downgraded Hugo Boss to Underperform from Outperform with a price target of EUR 32, down from EUR 63. Last week’s profit warning was a ‘painful indicator” the company will not be able to defend slowing sales momentum and margin pressure, the analyst tells investors in a research note.
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- Hugo Boss price target lowered to EUR 47 from EUR 57 at JPMorgan
- Hugo Boss price target lowered to EUR 40 from EUR 52 at UBS
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- Hugo Boss downgraded to Neutral from Outperform at Oddo BHF
- Hugo Boss downgraded to Equal Weight from Overweight at Morgan Stanley