By Iain Gilbert
Date: Wednesday 09 Sep 2026
(Sharecast News) - HSBC downgraded Burberry on Wednesday to 'hold' from 'buy' and slashed its price target on the stock to 1,200p from 1,350p as it took a look at global luxury goods.
The bank said Burberry's turnaround has progressed well, but noted that there was not much scope for upwards...
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