Shares downgraded as Forbar restarts Hallenstein Glasson coverage
The retailer was issued an underperform rating and a target share price down 8% on yesterday's close.
Near term risks and uncertainty has been identified for the fashion retailer.
Hallenstein Glasson has been given an underperform rating as Forsyth Barr reinstated coverage of the fashion retailer.
Yesterday, the investment services firm released its first report on Hallenstein Glasson since 2018, written by analysts Margaret Bei, Andy Bowley and Paul Koraua.
While the
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