Moncler: UBS maintains buy rating, raises target price
(CercleFinance.com) - UBS reinstates its "buy" recommendation on the Moncler share and has raised its corresponding target price from 38 euros to 41 euros, suggesting upside potential of 12% for the share of the Italian maker of upmarket winter clothing.
"COO roadshow and latest UBS Evidence Lab data support our view on best-in-class brand momentum. Recent underperformance unwarranted".
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