Deutsche Bank analyst Matt Garland downgraded Moncler to Hold from Buy with a price target of EUR 64, down from EUR 75. The analyst sees more limited near term earnings upside into the second half of 2023 and notes the shares trade at a premium valuation to the sector.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on MONRY: