UBS upgrades Hugo Boss to 'buy' on valuation rebound hopes By Investing.com
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 03 2024
0mins
Source: Investing.com
UBS Upgrade for Hugo Boss: UBS has upgraded Hugo Boss to a "buy" rating, anticipating a rebound in the company's valuation by 2025 due to improved consumer spending in key markets and stabilization in retail environments.
Risks and Price Target: The brokerage set a price target of €49, indicating a 20% upside, while also highlighting potential risks such as geopolitical tensions and rising costs that could impact margins and earnings.
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.
