JMP Securities Starts Farfetch (FTCH) at Market Perform

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Farfetch Limited (FTCH) shares tumble as Citi cuts target to Street low

March 24, 2023 11:06 AM EDT

Farfetch Limited (NYSE: FTCH) shares dropped more than 7% Friday after Citi analyst Catherine O'Neill cut the firm's price target on the stock to a Street low $4 per share, reiterating a Sell rating.

Citi updated its forecasts for Farfetch. For the first quarter, they... More