Farfetch downgraded by KeyBanc Capital Markets
$FTCH
Catalog/Specialty Distribution
Consumer Discretionary
KeyBanc Capital Markets downgraded Farfetch from Overweight to Sector Weight
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/30/2023 | Sell → Neutral | Citigroup | |
| 11/30/2023 | $5.50 | Buy → Neutral | BTIG Research |
| 10/25/2023 | $1.50 | Buy → Sell | Societe Generale |
| 8/29/2023 | $20.00 → $5.00 | Overweight → Equal-Weight | Morgan Stanley |
| 8/18/2023 | Overweight → Sector Weight | KeyBanc Capital Markets | |
| 8/18/2023 | $15.00 → $6.00 | Overweight → Neutral | JP Morgan |
| 3/24/2023 | Mkt Perform | JMP Securities | |
| 9/26/2022 | $6.00 | Sell | Citigroup |
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Dec. 12, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Farfetch Limited ("Farfetch" or the "Company") (NYSE:FTCH) investors that a lawsuit filed on behalf of investors that purchased Farfetch securities between March 9, 2023 and August 17, 2023, inclusive (the "Class Period") Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pur
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Nov. 28, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Farfetch Limited ("Farfetch" or the "Company") (NYSE:FTCH) investors that a lawsuit filed on behalf of investors that purchased Farfetch securities between March 9, 2023 and August 17, 2023, inclusive (the "Class Period") Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for
Farfetch Limited (NYSE:FTCH), the leading global platform for the luxury fashion industry, will not announce its third quarter 2023 financial results and will not hold its related conference call previously scheduled for Wednesday, November 29, 2023. The company expects to provide a market update in due course. The Company will not be providing any forecasts or guidance at this time, and any prior forecasts or guidance should no longer be relied upon. About Farfetch Farfetch Limited is the leading global platform for the luxury fashion industry. Founded in 2007 by José Neves for the love of fashion, and launched in 2008, Farfetch began as an e-commerce marketplace for luxury boutiques
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Evan also named Chairperson of Audit and Risk Committee Nextdoor (NYSE:KIND), the neighborhood network, today announced that Dana Evan has joined its Board of Directors and Audit and Risk Committee, effective October 17, 2023. Evan will serve as an independent member of the Board and will assume the role of Chairperson of the Audit and Risk Committee effective November 7, 2023. Evan is a business leader with a distinguished career as an operating and finance executive, as well as an independent board member in the technology industry. She also served as a Venture Partner at Icon Ventures and brings over 15 years of experience serving on both private and public company boards. Evan cur
Tim Stone joins the company and will assume the CFO role effective September 1, 2023 Brings more than two decades of experience in senior financial and CFO roles from Amazon.com, Inc., and Ford Motor Company Farfetch Limited (NYSE:FTCH) ("Farfetch" or the "Company"), the leading global platform for the luxury fashion industry, today announces that Tim Stone has joined the Company and will become Chief Financial Officer effective September 1, 2023. Mr. Stone succeeds Elliot Jordan whose departure was announced in February. After a handover period, including the reporting of FARFETCH's second quarter 2023 results scheduled for August 17, 2023, Mr. Jordan will leave the Company on Augus
The new business line is expected to deliver significant revenue for FARFETCH in 2023 Reebok e-commerce sites in Europe have been replatformed by FARFETCH Platform Solutions; wholesale operations are live Reebok partnership is managed by New Guards Group, which has formed a new division NGG++ to operate the Reebok license and grow the sportswear and sneaker businesses New Guards Group appoints Cristiano Fagnani as CEO of NGG++ FARFETCH (FTCH), the leading global platform for the luxury fashion industry, has commercially launched its European partnership with Reebok. This follows the deal announced with Reebok owner, Authentic Brands Group (Authentic), in 2022. Following its ac
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Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Dec. 12, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Farfetch Limited ("Farfetch" or the "Company") (NYSE:FTCH) investors that a lawsuit filed on behalf of investors that purchased Farfetch securities between March 9, 2023 and August 17, 2023, inclusive (the "Class Period") Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for pur
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Nov. 28, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Farfetch Limited ("Farfetch" or the "Company") (NYSE:FTCH) investors that a lawsuit filed on behalf of investors that purchased Farfetch securities between March 9, 2023 and August 17, 2023, inclusive (the "Class Period") Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors' options for
Farfetch Limited (NYSE:FTCH), the leading global platform for the luxury fashion industry, will not announce its third quarter 2023 financial results and will not hold its related conference call previously scheduled for Wednesday, November 29, 2023. The company expects to provide a market update in due course. The Company will not be providing any forecasts or guidance at this time, and any prior forecasts or guidance should no longer be relied upon. About Farfetch Farfetch Limited is the leading global platform for the luxury fashion industry. Founded in 2007 by José Neves for the love of fashion, and launched in 2008, Farfetch began as an e-commerce marketplace for luxury boutiques
NYSE Regulation staff reached this decision in view of the Company's Form 6-K disclosure on December 18, 2023 that a wholly owned subsidiary of the Company entered into agreements to obtain bridge financing and to facilitate a process to dispose of all of the Company's assets. In connection with the entry into these agreements, all of the Company's independent members of the board have resigned.
Gainers New Oriental Education (NYSE:EDU) stock increased by 9.7% to $79.0 during Tuesday's pre-market session. The market value of their outstanding shares is at $13.0 billion. NIO (NYSE:NIO) stock moved upwards by 8.52% to $8.66. The market value of their outstanding shares is at $15.4 billion. Brilliant Earth Group (NASDAQ:BRLT) stock moved upwards by 7.82% to $3.86. The company's market cap stands at $47.3 million. RumbleON (NASDAQ:RMBL) stock moved upwards by 7.06% to $8.34. The company's market cap stands at $292.4 million. Foresight Autonomous (NASDAQ:FRSX) stock moved upwards by 6.89% to $1.24. The company's market cap stands at $19.0 million. PARTS iD (AMEX:ID) shares increase
Farfetch Ltd (NYSE:FTCH) shares were halted Monday morning and were trading lower after Coupang Inc (NYSE:CPNG) revealed its intention to acquire the company. Coupang says their acquisition of Farfetch positions them as a significant player in the $400 billion luxury goods market by combining Coupang's operational strength with Farfetch's luxury expertise. The move also grants Farfetch access to $500 million in capital, fostering technological advancements and broader market expansion. See Also: S&P 500 Likely To 'Test The 5,000 Level': JP Morgan On Where To Allocate In 2024 Farfetch shares in late November saw volatility after the company said it would not announce third-quarter results
Citigroup upgraded Farfetch from Sell to Neutral
BTIG Research downgraded Farfetch from Buy to Neutral and set a new price target of $5.50
Societe Generale downgraded Farfetch from Buy to Sell and set a new price target of $1.50