KeyBanc analyst Noah Zatzkin lowered the firm’s price target on Farfetch to $11 from $13 and keeps an Overweight rating on the shares. The firm cites softening reopening tailwinds, difficult first half of the year top-line comparisons, and elevated inventory levels.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on FTCH: