HAMBURG (dpa-AFX Broker) - The private bank Berenberg has upgraded Zalando from "Hold" to "Buy" and raised its target price from 25.20 to 29.70 euros. In his study published on Friday, analyst Matthew Abraham praised the signals that the online retailer's new strategy is paying off and also pointed to a recovery in the end markets. With the new price target, he also took into account the results of the first quarter./ag/mis

Publication of the original study: 09.05.2024 / 16:46 / GMT

First-time dissemination of the original study: Date not specified in study / Time not specified in study / Time zone not specified in study

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