Stocks in Action: Puma, Beiersdorf, Mercedes-Benz, LVMH, Renk
Reading Time: 4 minutes
Stock 1.) Puma - Berenberg sees sportswear manufacturer as industry favorite, initiated coverage with Buy and a price target of €40! One of the most important Buy ratings comes on Tuesday from Berenberg Bank for PUMA. The coverage was initiated with Buy and a price target of €40. Among other factors, it was noted that the P/S ratio is very moderate at 0.36. Additionally, PUMA was highlighted as an industry favorite. Recently, Puma disappointed after a mixed performance in 2024 with an extremely weak outlook for 2025. For the current fiscal...
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