Birkenstock Holding plc (BIRK)

Birkenstock hit with Goldman Sachs downgrade

Birkenstock (BIRK) shares have been downgraded by Goldman Sachs to Neutral from Buy. Analysts at the firm explain the move by pointing to elevated valuations and fragmentation within the shoemaker's consumer base. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith