Is Birkenstock Becoming a Wall Street Darling?

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Birkenstock Holding PLC executives detailed continued wholesale growth and intentional production constraints at its Investor Day meeting — and Wall Street is pleased with what it heard. While the shares are off their 52-week high of $62.66, Wall Street has high hopes for the stock. She has an “Outperform” rating on Birkenstock shares. BTIGJanine Stichter on Thursday reiterated her “Buy” rating on Birkenstock shares. Birkenstock shares are currently trading in the $38 range, while Konik has a per share target price of $60.00.