Birkenstock: Robust Global Demand, Temporary Supply Constraints, and Channel Strategy Support Upside and Buy Rating
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Birkenstock Holding plc received a Buy rating from Citi analyst Paul Lejuez, with a price target of $65.00. The rating is based on strong demand, particularly for closed-toe styles, and broad regional growth, especially in APAC. Despite temporary supply constraints, Lejuez believes demand exceeds supply and management is focused on long-term relationships with wholesale partners. Telsey Advisory also maintained a Buy rating with a $60.00 price target, indicating confidence in Birkenstock's growth potential and channel strategy.
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