Barclays Upgrades Burberry (BURBY) to Equal Weight, Raises PT as Brand Concerns Ease

From Yahoo Finance: 2025-05-28 13:11:00

Barclays upgraded Burberry Group (BURBY) to Equal Weight and raised its price target due to decreased concerns about brand dilution. The luxury apparel store recently faced worries about its strategy and management changes, but these risks have not materialized. The brand’s renewed focus on outerwear and scarves aligns with its DNA.

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Read more: Barclays Upgrades Burberry (BURBY) to Equal Weight, Raises PT as Brand Concerns Ease