NEW YORK (dpa-AFX) - Analyst firm Jefferies has upgraded its rating for Douglas to "Buy" with a target price of 28 euros following preliminary quarterly figures. In an initial reaction on Wednesday, analyst Henrik Paganetty referred to the perfumery chain's raised financial year targets for 2023/24 and the sale of the online pharmacy Disapo. In addition, Douglas is well on track to achieve its medium-term target of an adjusted operating profit margin of around 18.5 percent./ck/zb

Publication of the original study: 17.07.2024 / 04:47 / ET

First publication of the original study: 17.07.2024 / 04:47 / ET

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