European stocks gain ahead of PMI data; Inditex surges

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Inditex (ITX:SM) (IDEXY) PT Raised to EUR51 at Jefferies

June 5, 2024 7:12 AM EDT

Jefferies analyst James Grzinic raised the price target on Inditex (ITX:SM) (OTC: IDEXY) to EUR51.00 (from EUR49.00) while maintaining a Buy rating.

The analyst comments "Investors' concerns ahead of today's Q1 centred around the risk of weather damage to Q1... More