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Prada Spa (NASDAQ:PRDSF) was downgraded by analysts at Barclays from an “equal weight” rating to an “underweight” rating in a research report issued to clients and investors on Wednesday.

Shares of Prada Spa (NASDAQ:PRDSF) remained flat at $7.05 during trading on Wednesday. Prada Spa has a one year low of $6.80 and a one year high of $10.49. The stock has a 50-day moving average of $7.00 and a 200-day moving average of $7.39. The company has a market cap of $18.040 billion and a P/E ratio of 23.11.

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