Birkenstock (BIRK) beats revenue expectations in Q1, reaffirms guidance

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Birkenstock Holding plc (BIRK) PT Raised to $58 at Baird, 'remain buyers'

March 1, 2024 6:35 AM EST

Baird analyst Mark Altschwager raised the price target on Birkenstock Holding plc (NYSE: BIRK) to $58.00 (from $54.00) while maintaining a Outperform rating.

The analyst comments "Birkenstock delivered EPS in-line with street expectations as higher sales offset slightly lower margins. Management expressed increased confidence in... More