Deutsche Bank says ASOS has "regained its mojo" after four years of restructuring and is showing early signs of a return to growth. The broker reiterated a Buy rating and 375p price target, implying about 50% upside versus the last closing price of 250p. The note is supportive for sentiment but is unlikely to be a major market-wide driver.
Deutsche Bank says ASOS has "regained its mojo" after four years of restructuring and is showing early signs of a return to growth. The broker reiterated a Buy rating and 375p price target, implying about 50% upside versus the last closing price of 250p. The note is supportive for sentiment but is unlikely to be a major market-wide driver.
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Request DemoOverall Sentiment
moderately positive
Sentiment Score
0.55
Ticker Sentiment