Interparfums: Stifel lowers its target price
(CercleFinance.com) - Stifel reaffirms its 'buy' recommendation on Interparfums, while lowering its target price from 53 to 50 euros in the wake of a revision of its earnings expectations, coming back to a 2025 outlook that 'seems as usual cautious'.
The broker says he is disappointed by the outlook for the Moncler license and is keen to understand the group's ambitions for its Solférino project, but believes that its fundamentals remain solid and that the momentum of forthcoming publications should be positive.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
The broker says he is disappointed by the outlook for the Moncler license and is keen to understand the group's ambitions for its Solférino project, but believes that its fundamentals remain solid and that the momentum of forthcoming publications should be positive.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.