Farfetch Limited (FTCH) Tops Q3 EPS by 19c
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UPDATE: Bernstein Downgrades Farfetch (FTCH) to Underperform
November 13, 2019 12:47 PM EST(Updated - November 13, 2019 12:50 PM EST)
(updated to add analyst comments
Bernstein analyst Luca Solca downgraded Farfetch (NYSE: FTCH) from Market Perform to Underperform with a price target of $4.00 (from $11.70).
Cash burn compounds concerns on business model viabilityThe investment controversy has... More