Prada Downgraded to Equal Weight From Overweight at Morgan Stanley
Prada seeks $1B listing in Milan - Bloomberg
Prada SpA (OTCPK:PRDSY) is in talks to make a blockbuster listing in its home city, per Bloomberg News. The luxury fashion house is hoping to raise $1B from a second listing in Milan, the outlet said.
Prada downgraded by Goldman Sachs amid waning consumer confidence
A less confident consumer was cause enough for Goldman Sachs to cut forecasts for Prada (OTCPK:PRDSY). The bank indicated that the risk/reward profile of the stock is no longer as attractive as it onc
Chanel Owners Pocket $5B Windfall On Post-Pandemic Boom: Bloomberg
French luxury fashion brand Chanel's owners raked in a $5 billion windfall in 2021, Bloomberg reported.Citing the U.K. filings, the report noted Wertheimer family, which owns the brand, got two $2.5 b
Prada upgraded to Add from Reduce at AlphaValue/Baader
AlphaValue/Baader upgraded Prada to Add from Reduce.
Prada upgraded to Overweight from Equal Weight at Morgan Stanley
Morgan Stanley analyst Elena Mariani upgraded Prada to Overweight from Equal Weight with an unchanged price target of HK$63, citing the biggest delta to consensus among the luxury goods sector stocks
Prada downgraded to Sell from Hold at Societe Generale
Societe Generale analyst Thierry Cota downgraded Prada to Sell from Hold with a HK$45 price target. Having rebounded recently, the stock is trading on "very high valuation multiples, while its recentl