UBS analyst Zuzanna Pusz downgraded Puma to Neutral from Buy with a price target of EUR 63, down from EUR 80. The analyst sees a "consolidation phase ahead." Puma’s period of market share gains could soon come to an end, the analyst tells investors in a research note.
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Published first on TheFly
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Read More on PUMSY:
- Puma price target lowered to 3,180 GBp from 3,620 GBp at Deutsche Bank
- Puma price target lowered to EUR 70 from EUR 82 at Berenberg
- Puma downgraded to Neutral from Overweight at JPMorgan
- Puma price target raised to EUR 73 from EUR 65 at RBC Capital
- Puma price target raised to EUR 70 from EUR 63 at Credit Suisse