HAMBURG (dpa-AFX Broker) - Hauck Aufhäuser Investment Banking has placed Zalando on the "Alpha List" recommendation list instead of Eckert & Ziegler. Analyst Christian Salis left the rating at "Buy" with a price target of 42 euros in a study published on Tuesday. The expert expects a solid second quarter from the online fashion retailer, even if the news flow in the sector has recently been detrimental. The share should recover in the coming quarters with accelerated growth. Zalando's brand offering is differentiated well enough compared to the competition from China./tih/mis

Publication of the original study: 02.07.2024 / 07:39 / CEST

First dissemination of the original study: 02.07.2024 / 08:16 / CEST

-----------------------

dpa-AFX Broker - the Trader News from dpa-AFX

-----------------------