Williams Trading Downgrades Birkenstock to Sell, Cuts Target to $27
Williams Trading lowered its Birkenstock price target to $27 from $39 and downgraded the stock to Sell from Hold. Raymond James also lowered its price target, but the new target is not provided.
Birkenstock (BIRK) shares drew attention on Friday after Williams Trading and Raymond James reduced their price targets for the stock. The Fly reported that Williams Trading lowered its target to $27 from $39 and cut its rating to ‘Sell’ from ‘Hold,’ citing the company’s fiscal 2028 targets…