Birkenstock Holding Plc Receives Positive Rating from Telsey Advisory, Price Target Maintained at $70.

Telsey Advisory has maintained its Buy rating on Birkenstock Holding and kept the price target at $70. The firm's strong Q3 FY2025 results, including a 16% growth in constant currency across all segments and channels, support the rating. Birkenstock plans to expand its retail presence, aiming to reach around 100 stores by the end of FY2025.