By Michele Maatouk
Date: Tuesday 27 May 2025
(Sharecast News) - Barclays upgraded Burberry on Tuesday to 'equalweight' from 'underweight' and hiked the price target to 1,000p from 720p as it said its key concerns around the dilution of the brand equity now appear less likely to materialise.
By Josh White
Date: Wednesday 14 May 2025
(Sharecast News) - London stocks ended Wednesday's session narrowly mixed, as investors weighed a stream of corporate updates.
By Frank Prenesti
Date: Wednesday 14 May 2025
(Sharecast News) - Shares in Burberry jumped on Wednesday as the troubled luxury brand swung to a full-year loss amid a slump in revenue and warned that 1,700 jobs could be at risk as part of its ongoing turnaround plan.
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