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Hugo Boss (NASDAQ:BOSSY) was downgraded by analysts at HSBC from an “overweight” rating to a “neutral” rating in a research report issued to clients and investors on Thursday.

Shares of Hugo Boss (NASDAQ:BOSSY) remained flat at $26.75 during trading on Thursday. Hugo Boss has a 52-week low of $24.52 and a 52-week high of $30.84. The stock has a 50-day moving average of $28.78 and a 200-day moving average of $27.95. The company has a market cap of $9.231 billion and a P/E ratio of 20.78.

A number of other analysts have also recently weighed in on BOSSY. Analysts at Barclays upgraded shares of Hugo Boss from an “underweight” rating to an “equal weight” rating in a research note on Wednesday. Analysts at Deutsche Bank upgraded shares of Hugo Boss from a “hold” rating to a “buy” rating in a research note on Friday, August 22nd.

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