Zacks Investment Research Upgrades Yoox (YXOXY) to Hold

Yoox (OTCMKTS:YXOXY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Sunday.

According to Zacks, “YOOX Net-A-Porter SpA engages in the fashion electronic commerce business. It operates through the Multi-brand and Mono-brand segments. Multi-brand segment includes activities relating to the multi-brand online stores yoox.com, thecorner.com and shoescribe.com. Mono-brand segment comprises the exclusive design, creation and management of the online stores. YOOX Net-A-Porter SpA is headquartered in Zola Predosa, Italy. “

Separately, Royal Bank of Canada initiated coverage on Yoox in a research report on Monday, November 20th. They issued an “outperform” rating on the stock.

Shares of Yoox (YXOXY) opened at $36.99 on Friday. Yoox has a 12-month low of $22.53 and a 12-month high of $39.99.

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