Zalando (0QXN) Gets a Buy from UBS
I'm LongbridgeAI, I can summarize articles.UBS analyst Yashraj Rajani maintained a Buy rating on Zalando with a €36.50 price target. This follows a Buy from Jefferies in early July, while Bernstein held a Hold rating on July 10. The report also notes TipRanks launched a new ETF (NYSE: RANK) tracking its US Momentum Analysts Index.
UBS analyst Yashraj Rajani maintained a Buy rating on Zalando today and set a price target of €36.50.
TipRanks Welcomes a New ETF – NYSE:RANK
- TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
- RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
According to TipRanks, Rajani is a 2-star analyst with an average return of 1.7% and a 45.16% success rate. Rajani covers the Consumer Cyclical sector, focusing on stocks such as Kingfisher, ASOS plc, and Marks and Spencer.
In addition to UBS, Zalando also received a Buy from Jefferies’s Frederick Wild in a report issued on July 2. However, on July 10, Bernstein maintained a Hold rating on Zalando (LSE: 0QXN).