NEW YORK (dpa-AFX Broker) - The Canadian bank RBC has lowered its price target for Hugo Boss from 80 to 78 euros ahead of the annual figures, but left its rating at "Outperform". In anticipation of a weaker sales and margin development of the fashion group, he has slightly reduced his profit forecasts for 2024 and 2025, analyst Richard Chamberlain wrote in a study published on Monday. However, after the recent share price slide, the expert still sees sufficient share price potential for a positive recommendation./edh/mis

Publication of the original study: 21.01.2024 / 17:29 / EST First transmission of the original study: 22.01.2024 / 00:45 / EST

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