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Puma downgraded to Neutral from Buy at UBS
The Fly

Puma downgraded to Neutral from Buy at UBS

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.

Published first on TheFly

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