Investment bank reveals stock picks for a world that is ready to 'go out'

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

New for subscribers: Investment bank reveals stock picks for a world that is ready to 'go out'. Check out CNBCPro today.

A "yearning to go out" will boost several luxury and beauty stocks in 2021, according to Piper Sandler analysts, who have raised a number of price targets in the sector.

Luxury fashion groups as well as beauty retailers are expected to see upswings, according to analysts Erinn E. Murphy and Matthew Egger's research note, as venues re-open and people start to socialize more after almost a year of stay-at-home orders due to the coronavirus pandemic. "We see the luxury consumer leading spending as we progress throughout 2021," the analysts wrote in a note published Sunday, as they named a number of stocks to watch.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE

Sverige Senaste nytt, Sverige Rubriker