Birkenstock continues to see 'strong demand' for its brand: Telsey

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Go back to Birkenstock continues to see 'strong demand' for its brand: Telsey

Jefferies Reiterates Buy Rating on Birkenstock Holding plc (BIRK)

August 27, 2024 7:47 AM EDT

Jefferies analyst Randal Konik reiterated a Buy rating and $75.00 price target on Birkenstock Holding plc (NYSE: BIRK).

The analyst comments "We expect another business-as-usual quarter for BIRK as our checks suggest 1) Open-to-buy share gains; and 2) DTC channel strength. Capacity-related headwinds likely continued... More