Jefferies downgrades Hugo Boss to 'hold,' upgrades Pandora to 'buy' By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 27 2025
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Source: Investing.com
Hugo Boss and Pandora Ratings Update: Jefferies has downgraded Hugo Boss to "hold" due to ongoing challenges in gross profit growth and consumer spending recovery, lowering its price target to €45. In contrast, Pandora has been upgraded to "buy," with a raised price target of DKK 1,550, reflecting strong growth potential and improved demand visibility.
Market Dynamics in European Retail: The contrasting ratings highlight the mixed performance within the European consumer discretionary sector, where companies like Pandora are capitalizing on innovation and operational efficiency, while others like Hugo Boss face headwinds amid geopolitical uncertainties and inflationary pressures.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
